Whoa, back up.
The .327 Fed Mag does not have less recoil than the .38 Special. It has less recoil than the .357 Mag.
Between my Ruger SP-101 (full weight, all steel gun with a 3.5" barrel) in .327 Fed Mag and my SW 642 (lightweight, aluminum frame gun with a 2" barrel) in .38 Special, I'd say they're about the same amount of recoil with the full power loads (note, the .327 Federal Hydrashocks are not full power loads).
If put into equal weight guns, I'm fairly certain the .327 Fed Mag will have more recoil than the .38 Special.
Basically, the advantages of .327 Fed Mag for defense are:
A.) You get one more round in a snubby, and maybe two more rounds in a full-sized revolver.
B.) If you can't handle a .357 Mag, and want something more than a .38 Special, the .327 Fed Mag is the middle ground.
Oh, and William? A new S&W .327 Fed Mag was shown at the Shot Show this year. 23oz, full steel, no ports, 2.125" barrel, nightsights. I'm getting one.
