Heavy ammo could cause inertia feeding, which would explain how a round could get into the chamber ahead of an extended firing pin.
The barrel/slide can't lock-up on an extended pin, the extractor can't grab the case rim if there's an extended pin, an extended pin would prevent the case from contacting the ejector, but, never say never.
The Thompson SMG had a fixed firing pin extending from the front of the bolt, and it worked, but it worked on a very different operating principle from the 1911.
The barrel/slide can't lock-up on an extended pin, the extractor can't grab the case rim if there's an extended pin, an extended pin would prevent the case from contacting the ejector, but, never say never.
The Thompson SMG had a fixed firing pin extending from the front of the bolt, and it worked, but it worked on a very different operating principle from the 1911.