Maverick,
Well, since I sorta started the ASM bash, I'll try to explain it a little better. ASM brought out the Richards type 1 1860, type 1 1861 Navy and 1851 Navy. The guns were gorgeous!!! The only problem was only about one in 7 produced actually worked. There were guns that worked and worked well. If you have a set that work, hang on to 'em. Shoot 'em. Of all the handguns I have, CAS and other wise, the ASM conversions I have are the most accurate handguns I own. they all shoot itty bitty little groups off the bench. The all shoot better than I do. I use to have 9 of them. I'm down to 7 now. Some of these guns have over 60 - 70 hours work in them to make them function. Once they function, they function quite well although I don't recommend fast traditional style shooting with these guns. They are perfect for the Dualist or Gunfighter.
The conversions pretty much broke ASM. The warranty work required was massive. Cimarron, Navy and EMF all dropped the conversions while they still had guns in inventory to sell. Having six of seven guns sold returned for repair or replacement was more than the "big three" could stand. Shortly after, they all dropped ASM guns altogether and ASM went bust. They (the big three)turned them into parts for warranty repair. Overall, they were porly made and even more poorly assembled. I picked one up in a gun shop while EMF still stocked them and had to ask why a gun with a .38 spl barrel had a .44 Cylinder in it!!!
The first guns were copies of the 1860 with a non rebated cylinder and no spacer between the barrel and cylinder. Next up were the 1851s, followed by the 1861 Navy which included a machined recess in the front of the cylinder for a flakey little spacer. Some think it was intended as a gas ring, twazant, twaz a spacer to help with flakey barrel/cylinder gap. Some of the 1851s also had the little spacer. More important than the spacer was/is proper fit of the wedge.
That's sorta it. For the most part, ASM conversions were crap. The ones that work usually work great and are tack drivers at targets. Shoot yours. I shoot mine constantly.
Coffinmaker