You pretty well have it.
The S&W round and square butts are completely different.
You can make a round butt by converting the square butt, and Brownell's used to sell steel guides to do the grinding to do conversions.
Most of the removal was to the backstrap and rounding the front sharp corner.
Colt's square butt and round butt frames were nothing more than to round off the sharp corners on the front and back, with very little actual metal removal.
The S&W round and square butts are completely different.
You can make a round butt by converting the square butt, and Brownell's used to sell steel guides to do the grinding to do conversions.
Most of the removal was to the backstrap and rounding the front sharp corner.
Colt's square butt and round butt frames were nothing more than to round off the sharp corners on the front and back, with very little actual metal removal.