Hello, Cknight!
As a fellow S&W wheelgun fan, I can identify with your delimna on WHICH .22 pistol to buy!
I have the S&W model 17 .22 Masterpiece, and the M41 target pistol w/heavy barrel. Both shoot very well, and I used to compete with them regularly. Excellent quality, finish, and accuracy.
As for plinking and casual handgun hunting, you won't go wrong with either.
I would advise against purchase of an entry-level or economy .22 pistol or revolver for a simple reason: you will very quickly find you can outshoot your gun and decide to buy a replacement!
Having said that, the only bottom-end .22 pistol I can consider is the Ruger Standard model or it's target-sighted bull-barrel versions. All shoot very well. I've owned several, and have since traded them off as my interest in "prettier" guns matured.
The old High-Standard and Colt Woodsman models were very nice, but too pricey for me.
I've no experience with the newer S&W or Ruger alloy and plastic framed .22 pistols.