Hi, while this thread is an old one, the information here is a good archive for anyone interested in using 38 Colt/38 Special conversion cylinders with BP revolvers. As has been pointed out previously, 0.358 hollow based wadcutters (HBWC) will work in the .36 caliber revolvers with 0.375" bores. The hollow base expands to fill the rifling. While this solution seems perfect, there are some limitations to using HBWC bullets, they are limited to low velocity. Push a HBWC too much and accuracy suffers. High pressure loadings of HBWC 38 Special can cause the thin hollow base of the bullet blow out on bullet exit from the muzzle. A review of reloading manuals shows velocities for the 38 Special HBWC limited to ~700fps.
While not a powerhouse loading, the HBWC load is low recoil and reasonably accurate for casual shooting. If higher performance loadings are required, heel based 38 Colt bullet loads is a path. However, the use of heel based bullets brings other issues for the handloader.
Regards,
Richard