I collect Smith and Wessons and have them back to 1905. A lot of pin barrel guns. That said i also have several Rossis some just ok, yet some as good as an SW ever made. An example, i have Stainless Model 971, 4 inch 357. That gun is the tightest you could possibly find and finished as much a a Python from the custom shop. The trigger in double action is the most perfect I have ever felt. I do my own triggers but do a have some custom trigger work on SWs, none can get there.
I have a model 68 and it is fine and i have a later one in 3 inch round butt, those are all J frames, 5 shot guns. I own identical old model SWs, same thing. The 3 inch Rossi was a cheapo black friday deal at academy. It is one of my house guns, slickest and tightest you will find.
Last i have one of those Rossi 442, snub nose 44 mag, 5 shot 3 inch. Love that gun, shoots as well as my model 29 SW and nearly as good as my 5.5 inch Ruger Redhawk. They no longer make it but Taurus picked it up as the tracker. Excellant little guns. I often just leave my SWs in the safe and take the Rossi. I have a couple other rossis one in 22 that is nearly identical to my model 63 and both shoot about the same, but the SW is far better finished.
So, my opinion is that many Rossis are equivalent to the SWs. I have not seen any problems with wear and tear, but if I had any concern it would be that the steel might not be as good or last as long, but I have zero evidence to prove that, just a thought.