nyresq,
Shilen barrels are button rifled. With button rifled barrels, fluting must be done after the bore is rifled, thereby inducing stresses and bore dimension variations to go along with the stresses imparted in the barrel by the button rifling procedure itself. Cut rifled barrels, on the other hand, are fluted PRIOR to reaming and rifling, and the cut rifling procedure does not induce metal stresses. So, if you've got a Krieger, Obermeyer, Border, or Mike Rock barrel, fluting will not cause you problems. Anything other than that, I would avoid it.
Don