Well, not to chuck a hand grenade into the community outhouse, but...
What about the barrel?
I've read multiple sources that quote both Pietta and Uberti as stating the steel used in their barrels is "mild steel", not heat treated (and possibly a different alloy?) compared to the steel used in replica cartridge revolvers...chiefly because it's cheaper to use the milder steel in guns that should not expect to see pressures and velocities over 850fps or copper jacketed bullets. Naturally, the conversion cylinders can handle pressures way above that, as Mike attests, but once you vent a little gas at the cylinder gap and are pushing through the forcing cone you still are pushing muzzle velocities well above 850 with factory .45LC ammo, and imparting that stress to the barrel. Let that sink in. A decade ago you would have been shunned from any gun range for shooting factory smokeless rounds in a BP gun. Nowadays, it seems everybody has decided that's candy-ass thinking, and damn the torpedoes! But what, if anything, has changed?
Now, this doesn't bother me a smidge, as I hand load...and both my BP and smokeless loads produce 850 or under psi MV. I also use non-jacketed cast bullets, so again...I know what I'm feeding my guns, and they don't exceed recommended MVs as approved by the manufacturers (and their lawyers).
Not saying you can't 'get lucky', either for 6 rounds or 6,000. But I've become quite attached to all ten of my fingers and both eyeballs and intend to keep up that relationship.
Just thought I'd share that side of the coin, since we're discussing it.