Yes. Sleeved and heat fitted to the barrel shroud. Barrel sleeving is not new or exceptional either. Somewhat more economical or a new process for S&W. The downside is the continued use of the 1 in 16" barrel twist.
Even the Performance Center barrels are just fancied up 1 in 16" twist barrels. Not really performance...
Just stummled across this thread. There was an issue with cracked barrels with original model 66/19 smith's at the forcing cone. Probably from lead build up then firing jacketed bullets (theory). Maybe reason for sleeve?
I am not sure if it is MIM (metal injected molding) or not, but it sure seems like MIM parts are getting used more and more nowadays. They save quite a bit in production cost this way.



























