hand reaming
Sir:
When I say it's chancy I mean there is a danger of getting chatter in the neck area. Oil and a good steady even pressure will guarantee success - I think.
I once got chatter in the neck shoulder area by hand reaming but I think that was a bad, used reamer.
I will sound a warning here: Some "gunsmithing" books by those who should know better say to use a twist drill in cutting away some of the chamber area to relieve stress on the finish reamer - DO NOT, I REPEAT - DO NOT,EVER, EVER TRY THIS! You can, with the pilot not supported develop an "early" chatter that you just can't get rid of!
The Modern Gunsmith by Howe, says, "A reamer will always follow a hole" (pilot hole). That's very true, and you should be able to "hand ream" an entire chamber. But it's a long process of chip removal, etc, you must do.
I have a 3 jaw chuck run-out of .001 and I chuck my bbl. up there and go in about .030 at a time - blow off reamer and bbl interior and have never had a problem. I DO NOT put the muzzle in the 3 jaw and the chamber area in a steady-rest! Yes, with a lathe that has .003 to .007 runout on the 3 jaw use a 4 jaw and always make sure the bore is concentric with the o.d. - do this on your lathe. Alwasys use plenty of cutting oil - (sulpher lard)!