The one I looked at was brass/octagon barrel
I got a new Big Boy rifle in .357mag as my token cowboy gun. Bought it new a year or so ago. I know 357mag isn't an old fashioned cowboy cartridge but I was also looking at ammo prices, and I don't yet reload. I also feel ok shooting deer with it. a .38 cal projo at over 2k fps is right up there with a lot of common deer cartridges. I didn't expect to use it for deer when I bought it, but after seeing some ballistics numbers I saw the potential.
Anyways, I really like mine. I've taken it down to individual pieces, but I don't know if I'd recommend it for people not used to taking apart guns. It's not bad, so someone "mechanically inclined" like most on this board should be, it shouldn't be a problem. Just be careful. Tape off any areas if you're planning to take a punch to anything. I think all the hardware was screws, though, so use
THE RIGHT SIZED driver and everything's ok. The machining in the inside of the receiver has a lot of chatter but who cares - it's the inside. The parts that mattered were all finely finished. The stock was pretty well fit to the receiver, more so than a lot of factory rifles. I mean there's no terrible gaps, and the wood blends into the metal receiver smoothly - no large ledges from over/under sized wood. I have a Ruger shotgun I spent a decent bit on that has wood which is considerably thicker than the receiver, and creates a pretty decent 'step' where they meet. Like the Henry, I mainly bought the Ruger because it's "made in America" unlike the vast majority of other similar shotguns in my price range.
The bolt was slick as fuck and lockup was crisp and secure. I can make that puppy rock and roll. I got a couple bowling pins hanging from a tree on the family 'range' and love standing at 50yds and making them dance. I don't have one complaint about the parts, fitup, or workings of the rifle. Maintenance is easy - just take the bolt back and lube 'er inside. I bought the 'big loop lever' because I have big hands and if you add gloves it'll be even tighter.
Just make absolutely sure you're ok with a mag tube loaded rifle instead of having a loading gate on the side. Some of my friends hate taking the tube out. I don't mind it, other than the fact that I want to thread the barrel for a sound suppressor one day. I got a couple creative solutions for that, though, when the day comes.
I bought the receiver mounted rail for it, and put on a decent red dot, and now I'm even faster. Love it.
I wouldn't reduce the barrel weight either. I don't think it's uncomfortable at all to shoot it standing up, through a whole mag, taking well aimed shots at a slow pace. It's heavier than some, but manageable.
I mainly chose the Henry because it's made in USA, I did want the octagon barrel, and the brass receiver. That really left only one option and I don't regret it at all.