You could get a magnum out of either barrel, twist rates are 1:10" for both, but whether you could shoot full pressure factory ammo in it would be another question, you'd have to increase the size and/or support for the latch pin, I believe that's where a lot of the flex in the action happens. The underlug would also need to be fully welded to the barrel, the reliefs at the front end are the weak point, plus it isn't solid, it could be filled in with weld and refitted tho prior to rechambering.
Pressures for the mags are both over 61kpsi with a .513" case head, that's smaller than the 500S&W at .526", but the operating pressure of the S&W is ~52kpsi, and even 500S&W barrels have been reported to shoot loose, fortunately H&R replaces those that are factory fitted, that won't happen with a rechambered barrel.
I've used Steves Pages a million times for cartridge diagrams, you'll see them in many old posts at broken pic links since he blocked hyperlinking to his site, but he has a ton of good info other than the cartridge drawings. I've been using Ammo Guide for a while now, they have lots of info on each cartridge and comparisons can be created.
Tim
http://stevespages.com/page8.htmhttp://ammoguide.com/cgi-bin/aicompare.cgi?sn=LqeEIqZaWc&loadset=35&xxglbl=1