Larry, bear with me here, I'm thinking out loud.
When you contour the barrel, the barrel will look normal, and the bore will be offset by 0.xxx degrees.
now, as I'm not a machinist, and I don't play one on TV, this may not make any sense.....
When you contour the barrel, leave it as fat as you can on the breech.
now, when you set up to thread, can you offset it the same degree, so your threaded stub is on the same angle, so the bore is straight, but the barrel points down that 1/8 over 20?
you can thread it a thread long, and face the breech off with files.
I'm thinking that because the barrel is tapered, you'd not even notice the drop.
you'd have to time it pretty well spot on, but because you won't chamber it until you have the stubbing completed, you can have a couple cracks at it.
then there is no issue on Headspace, OR sighting requirements.