Will, that argument has been shot down so many times before that it must be a cast member of 'the evil dead'.
1. Other gun makers were pressured to sign. They all faced the same lawsuits, the same pressure. Only S&W caved. FWIH (I believe it was mike irwin) some were considering signing, but once they saw what happened to S&W, they decided not to.
2. If S&W goes out of business, it's a good thing. The agreement dies. The patents and tooling are valuable property that can be sold, minus the baggage of the agreement. A new owner can make the pistols without being under the agreement.
3. If S&W goes out of business, that won't mean there won't be any fewer guns sold. If there is a vacuum, it will be filled. Someone will see a potential for profit and take the chance. The anti's won't win, capitalism will.
4. Yes, the former communist and axis powers are making a lot of guns sold in the US. The empasis on FORMER. Know what that means? We won, communism lost, and they're now making products to suit our whims. If you take that as defeat, I'm not sure what victory is.
5. Tobacco farmers weren't sued. They get government subsidies to grow tobacco. The makers were sued, and they had to settle. The big difference is that gun makers hadn't been telling the public for years that guns weren't capable of being used to kill. The tobacco companies played that game and it backfired.
6. The other gun companies and ammo makers banded together instead of surrendering. They've won almost every case, with the couple that have survived are being appealed. They've received exemption from being sued through state legislatures- they fought for what's right, they didn't cave and get preferential treatment.
You raise a lot of bogeyman arguments but dance around the actual issue: S&W signed a horrible agreement that would have eroded our gun rights if adopted by all manufacturers. The current ownership is still bound by the agreement and hasn't had it recinded yet. By purchasing from them, we only benefit the anti-gun groups whose agenda was forwarded by the agreement. By boycotting them, we give them a negative financial incentive to get rid of the agreement.