I had several conversations with Arthur Langsford before he passed on.I was going to buy a couple of barrels but it was really just the throat/forcing cone of the chamber which made the idea possible. The increased sectional density for more penetration is the plus of the idea and you do get more pressure and velocity and obviously more bolt thrust. I would only consider it on an action that was also suitable to convert into a 22wmr. Not on some of the bolt guns that have a silver-soldered on bolt handle for a locking lug for instance.
And the 17 Extruder requires a faster than normal twist rate to be succesfull.You cannot generally recycle a take-off barrel from a centerfire 17 and have it work out well.
Arthur also had a 20 caliber extruder and he recommended to me that this was a better choice for most people. A forty grain 20 caliber bullet is quite manageable and you get all the same benefits of increased velocity and better sedctional density for increased penetration. I think that if you are prepared to repurpose a take of 204 ruger barrel with a shot out throat that this is a great idea.
And yes, I own a bunch of small frame martini rifles and have this reamer. I got my reamer from Pacific Precision Tool .