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Robert, the .327 Federal Magnum revolvers retain the ability to fire .32 H&R Magnum, .32 Long, .32 Short and .32 ACP ammunition.

That's part of the beauty of this revolver. You can also shoot .32 ACP, .32 Long, .32 Short and .32 H&R Mag. ammunition in any .327 Federal Magnum revolver. And the availability of several different loads/bullets in .327 is much better these days than it was just even a few years ago. The interchangability of all the different cartridges is really unmatched by any other firearm - revolver or pistol.