I had an Encore in 475 Linebaugh that used the 45-70 Cutdown brass. I could also fire regular 475 Hornady brass in it also. It was a neat project. The 475 Linebaugh revolver I have,uses the cut brass also. It's not a big deal. In the begininng, I used a dremel with cutoff wheel, then final trim on my RCBS trimmer. I now have a chop saw that does a quick job.
The only problem I see is the brass, using Winchester brass it's a simple matter of sizing belling and seating the bullet. With Remington and some others, you have to inside ream the brass.
I say go for it, if that is what you want. It was a fun little project.