Bingo!
Plus a greater choice of weapons for the magnum. For all practical purposes, you are limited to Glocks and Sigs (and the only the P226, P229 and P239--my least favourite models). Yes, I know Beretta makes one--I've yet to find one though. The same is true for HK (and a ridiculous price).
Plus a good long gun selction for the magnum--at least three different makers are currently offering several different models on long guns, and once in a while, you will still see a Timberwolf. (They make pretty good hunting rifle for the smaller-sized medium game.)
Using the .357 Magnum for hunting does seem to receive mixed reviews, but where I live you don't have to go to .44 Magnum, .454, .475, .480 for deer. My much easier to carry, general purpose, Model 27 (five-inch) works just fine if you pick your shots and do your job.
(If there ever was an "apples and oragnes" comparison, it the Sig vs Magnum comparison,)
This is false at least when where talking defensive handgun applications. Both of the best loads in these 2 calibers are 125 grain jhp's at 1350 to 1450 fps and both have law enforcement and ccw applications. So its not a Apples to ORANGES comparision its a apples to apples one.
If you want to limit your choices to full-power 125-grain loads the Sig is close to the Magnum (as acknowledged). If you want to expand your horizons, the Magnum offers effective LE/CCW/SD loads in 110-grains, 145-grains, 158-grains (and even up to 165 and 180 grains)--there are even some very effective .38 Specials loads like the old "FBI Load"--158-grain +P LSWHP.
I just don't understand why some people want the the Sig to be a .357 Magnum so badly--if you want a .357 Magnum, go buy one--they are less expensive to buy and considerably less expensive shoot. If you want apples buy apples--don't buy organges and try to convince yourself (and everybody else) you have apples.