It will shorten it by 0.002". If a plug gauge shows the minimum dimension already, then the cone would need to be deepened by 0.002" to be correct
The forcing cone is a cut at a steep angle and .002 off the bottom of a steep isosceles triangle with an 11 or 18 degree peak doesn't not cause the base to narrow very much as 11 degrees radian is .192 and 18 is .314 So .002 would narrow a 18 degree cone base about .00063 which is about the thicknesses of a fine human hair.
Here is a handy dandy isosceles triangle calculator BTW
Isosceles Triangle Calculator
S&W factory forcing cones are a compromise anyway. How well they work is a function as much due to bullet's nose shape as it is anything. A wad cutter gun needs more than a round nose bullet gun. Early S&W had very little forcing cone and I suspect the fact that all the bullets all the early were round nosed had something to do with it. Go stick a variety of bullets in a forcing cone. If the driving front driving band is even with the face of extension before the nose in the forcing cone stops it you will have problems. I have over 20 loose factory barrels and the forcing cones are not very uniform one to another.
I have adjusted barrels, set them back a thread or more. One thread is .0277 and then you do need to recut forcing cone. I have a couple cones I use for gauges.
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