I'm assuming that you are talking about cast boolits.
Actually, I did it with some bulging .45 acp rounds recently for the first time. I always get a couple where the bullet doesn't go in straight or something. Obviously, you are swaging down the boolit as RC noted.
I shot them indoors at 50 feet, and they seemed to be as accurate as my other loads. But then again I'm not a very good pistol shot, so take that for what it is worth. I do think that they caused increased leading, probably because of the smaller diameter.
Much as I hate to admit, it looks like I better get a FCD.
Laphroaig