is the 229 a tighter fitting pistol because it is milled using a cnc machine where the 320 is molded plastic?
No.
It's almost amazing that some guys still buy into the "tupperware" mantra. That was a valid question in the 80's and 90's, but polymer framed guns are well past proven at this point in 2020.
Also, the plastic part of a 320 is the grip module, which is just a polymer shell that fits over the functional parts. The slide is steel and it rides on steel rails, same as any other good polymer frame pistol.