It hasn't been discontinued but I had a chance to get a brand new S&W .357 snubby (exact model escapes me) about a month ago for $250and I passed it up. Supposedly he just wanted to get rid of a few and was selling them at a loss or so a friend's dad who knows the owner of the shop was telling me.

The reason I passed it up?

I didn't want to go 15 minutes out of my way on the way back home for the weekend.

Boy do I regret that...