MachIVshooter, I'm faced with too many time constraints to do billet. I'd be limited to my lunchbreaks, or long cycle times on my machine. Doing the profile on a billet, on a manual mill, would likely take longer than fabbing or machining a fixture for a raw forging.
To be honest, part of the appeal of the raw forging is the challenge, and if I totally screw it up, I'm out less money than I'd spend on a take of gas.
A magwell adapter is a no-go. The outside dimension of Thompson magazines are just as wide as the outside dimension as the lower, so the front section of the magwell would have to actually be cut off and replaced, similar to the Bazooka Bros lower that used M3 magazines, which was my inspiration.
Of course, making a new magwell and attaching it to the standard magwell using undercut flat head screws was also a thought.
I'll put more thought into it if the idea ever makes it out of my head and towards the vise. I'm assuming I'd need a feed ramp like the Colt 9mm, I know I'd have bolt modifications to do as well.
Thanks for your $.02.