It is pretty easy to see which surfaces inside a S&W revolver would benefit from being polished.
I don't like the ideas of cutting springs, changing the angle of the sear, or reducing sear engagement, but polishing is easy to do, and makes a huge difference. Auto parts stores usually stock 400, 600, 1000, 1200, 1500 and 2000 grit abrasive paper. When cut into smaller pieces, a sheet of each grit will last a long time.
I have heard of people using toothpaste as an alternative to abrasive paper, but I have never tried it.
ETA: While I haven't seen any proof of the idea, I have heard that some folks test firing pin power by holding a penny over the firing pin hole, and if the firing pin puts a dent in Lincoln's head, there is sufficient power in the hammer strike. Another idea I haven't tested myself though, but it seems interesting.