The Taurus is the ideal platform for he .327 Fed Mag. As this is a new cartridge and its future still unknown (I got bit by the .32 H&R Mag demise) the Taurus is an economical purchase and won't break you later if ammo runs out. You will still have gotten your money's worth out of the revolver.
I have an 85ULBH in .38 Spcl and love it. Go for it, sounds like a nice ladies' gun!