This was a really excellent back-story in "Unforgiven" with Gene Hackman and Richard Harris, where Hackman's character sets Harris' "biographer" straight about an event he had "documented."
Ditto for shooting from the hip. Experts say you couldn't hit anything with the revolvers of that era unless you aimed it. And no one shot the revolver out the hands of the bad guy ala The Lone Ranger and countless other good guys.
From what I've been told, once the Colt SAA revolver came out, it was pretty accurate from the outset. And there have been and are some shooters who were perfectly capable of accurate shooting from the hip. The late Bill Jordon (with the US Border Patrol) was a very good example.
Mark
Yes, guns from the twentieth century. The ones made in the nineteenth had to aimed carefully to hit anything.