Ok Gents, let get this show on the road... But first...
It's a 457
Funny you mention that, I recognize that comment wasn't directed at me, but...
I just did that on my 19 year old Dodge diesel. Renewed everything outboard of the hubs/spindles and upgraded the rear using 1995 Chevy 1 ton wheel cylinders. Larger cylinder bore = more braking POWAH
Anyway I digress, back to our scheduled program...
Got the vise all trammed in on the mill and set the slide in there resting on a couple of parallels. The cutter I'm using is a 3/16" four flute M42 cobalt high speed steel stub mill. I could have use something skinnier but i like the stub mill for this as it's very stiff.
Position things to center the tool in the dovetail cut then lower the "Z" such that the tool is 0.005" above the slide.
Spin'er up to about 640 rip'ems and make some chips traversing the "Y".
About halfway there now. That base is pretty soft, cutting through it like butter.
At this point you can see the tool has started dragging the remnants of the base out of the dovetail cut. Phase one of the operation complete.
So as far as the damage assessment....
All considered the slide fared pretty well. I don't see any significant damage. Looking forward a tiny burr upper right.
And looking aft a bit of a raised burr over on the right. I note the bottom of the dovetail cut looks very scratchy though, almost if one was sanding or filing in there

That's a NO! NO!
Master Chief says... If one must modify something to make it work always modify the part cheapest to replace. Thus never whittle on the gun to make it fit the sight... Whittle on the sight to make it fit the gun.
A good deal of displaced steel on the old sight base.
As I suspected earlier, that chunk of metal I saw sticking up was indeed peeled of the side of the sight base. Significant galling here too.
That's all for now... I'll be back later with an update on fitting the replacement sights.
Cheers
Bill