Well, first off - I'm real impressed with Hogue grips. Very good quality - well designed - resonably priced for what you get. Here's my experience with the SP101.
The factory grips provided very good web of the hand recoil comfort. But they were so short & thin that my middle finger took a beating on the trigger guard & muzzel flip was quite pronounced. I'm talking full power .357's here - no problem with any .38's.
Got the Hogue rubber grips. Much better feel, pointability & controllability. Not quite as recoil absorbing in the web of the hand - but still comfortable with full power .357's. Down side was they are kind of clingy on cover garments (it's generally carried in an IWB holster under a light shirt - heavier sweater or jacket kind of garment was no problem).
So I got the Hogue wood grips. Beautiful wood that really dressed up the revolver - especially against the stainless frame. Downside was they felt a bit slick when pulling from concealment. Still not punishing - but noticably less comfortable than the factory or Hogue rubber grips when shooting 30 or more rounds at a time.
The compromise - Hogue nylon grip. All the Hogue SP101 grips are the same size & shape. The nylon is slick enough where it doesn't cling to clothing (like the wood) - but there is dimpleing on the sides of the nylon that allow for a confident grip when pulling from concealment (like the rubber). If you are bothered by recoil - get a fingerless shooting glove.
You can get the wood grips with checkering on the sides to reduce the "slickness" - but they cost a bit more. Both the Hogue rubber & nylon grips are about $15 each + shipping. The wood grips start at about $55 + shipping (add another $30 or so for checkering the sides).
I've put the wood grips on a .22 SP. The nylon & rubber are completely interchaingable without having to change the mounting stirup. So on the .357, it wears the nylon for carry - for practice it wears the rubber.