realistically the "conversion" cylinder is an alloy that can take the higher pressures of those "cowboy" smokeless loads with enough "safety margin" built in... the frame type, & material are the limiting factor here... open tops are weaker, by design, & the metal alloys used may not be hardened, or able to properly harden... obviously the closed top revolver have a stronger frame design, yet are likely still made of softer, or less pressure resistant alloys than a smokeless revolver ( I know it's hard to imagine a big old Remington, being "weaker" than an aluminum framed J Frame, but by design, the aluminum J frame can better handle the pressures than the Remington )
you may have seen my Colt Walker conversion, that was built to shoot smokeless powder in the 45 Black Powder Magnum case ( the 460 S&W case
) because of the frame style, & trust me, lots was done to strengthen it, which I could go into deeper later, I'm limited to standard or "slightly" higher pressures, than a standard 45 Colt... putting a 460 in the gun would be a problem, so we shorted the chamber slightly, so a factory 460 round won't insert into the chamber...
a standard open top revolver with a conversion cylinder would shoot loose in very short order, shooting standard pressure cartridges... & even with mild loads, may have limited life...