I've got a Charter Arms version that's ... Let's just say its a few years old. The barrels have been pretty flimsy for every generation from the research I've done. When I bought mine, the barrel was actually bent when I got it.
Fun guns though. After a good amount of customization, its actually proven to be remarkably accurate and reliable. I can shoot a golf ball at 100 yds with mine.
These things were originally designed in the 50's as survival rifles for the Air Force. As such they were designed to survive a crash and allow surviving aircrew something for small game hunting and (limited) protection. They weren't heirloom guns then or now and the Henry is no exception. But for something to stick in your ruck for a week of fishing in the boonies they fulfill a need. If you want something to last a long while, get one of the lever guns; I can recommend the Golden Boy very highly.
"History teaches that war begins when nations believe that the price of aggression is cheap." - Ronald Reagan