Your 1100 is not a "magnum" receiver. The M prefix simply means that it was built between 1974 and 1978. The V suffix designates a 2 3/4" receiver. You can install a 3" chambered barrel and shoot magnum loads with no issues or further conversions necessary. The ejector is an integral part of the barrel and, therefore, does not need to be changed. Remington offers an 1100 Steel Shot Magnum barrel that will work great on your receiver. Give big green a call if you have more questions...800-243-9700. Good luck.
Jason