That should work just fine. Arnie gave me a heads up with the problem I was having chambering my Winchester cases in my chamber that solved my problem.
Arnie mentioned a .303 brit sizing die would reduce the case enough for it to fit his chamber so I took a measurement with a case I fired in my chamber and I found my problem was not the rim or base diameter but it was right at the shoulder by several thousands so I bumped a case 1/2" in my .30-30 die and that solved the chambering issue, but the .30-30 die is really to tight so I ordered a $17. Lee sizing die I will cut the neck off and use it for the rest of my cases.
Yesterday I shot a few over 100 cases loaded with Unique and Cornmeal and got them trimmed and reloaded with a full load of black and a bullet to do the final forming and a second trim and I should be ready for load development.
I want to get this done in time for the startup at Friendship.
Keep it posted with your project. I can see a fun battle of the .38's starting