Yup, that's my understanding.
All I know about Bearcats is what I read on Wikipedia. VERY interesting story about why it was dropped in '74.
When the missus said she'd get her License to Carry, I started shopping for a .22 single action for her. Tried a Single Six and a Wrangler. They were okay but she wasn't enthused. I remembered seeing the smaller Bearcat decades ago and bought one. She loves it—good weight and balance, and perfect grip size for her. Problem was, I was liking it, too, and wanted one for myself.
Found a Super Bearcat on GB, seller had thousands of feedback with A+ rating, gun was described as excellent condition, so I bought it. When we opened the box my receiving FFL said, “This gun has problems.” I sent it to Ruger for the safety upgrade and they responded that the gun was beyond repair but they'd happily replace it with a new one. They even upgraded to a stainless model! I had to wait several months but my wife now has a stainless Bearcat with pearl Altamont grips.
Well, not wanting to wait for the replacement I bought another one to shoot. When we opened THIS box my FFL said, “It's never even been turned.” Sheesh—I wanted a shooter, not a collector item. Apparently the seller's father had bought it in the 70's, stuck it in the safe, then passed it on to his son nearly 50 years later. I can't bring myself use it.
So I had to buy another one, properly scarred and properly maintained. It's a sweetie.
Interesting that my 1849 Wells Fargo drops right into Bearcat holsters.
https://en.wikipedia.org/wiki/Ruger_Bearcat