That is all sound logic,  but what would happen if you took a SB1 .44 Mag and blew it out to .445??  Would it blow up?  If so, there's really no reason not to put the .45 on a SB1 frame.  One would be as hazardous as the other.  I don't know, just asking.  I don't put any centerfires on SB1 frames except muzzleloaders and shotguns.......It's just against my religion.
Pete