Ok. I went ahead and grabbed a bag of the 38-55's. Lubed each one up good and formed 10 cases by easing them in a little at a time. Turned the cases a little each time until I got a full stroke on the press. I messed up 3, two buckled(one because dummy me had the seating die in instead of the sizing die). The other split, go figure. I did not trim them to length because I can't find my 7mm pilot, so the cases are a bit too long according to specs.
I loaded them with a minimum charge of Varget and a Hornady 139gr bullet. No signs of pressure, nice 2" groups at 100 yards with a 14" pistol barrel. Switched to Sierra 140's with maximum charge of 4895 - still no signs of pressure and groups are about 1.5" at 100 yards! Still haven't trimmed the cases.
Made a slight scope adjustment and screwed the caps on! I like that I didn't "blow the shoulder forward" and have no shoulder ring like you get from the 30-30 brass. I did all of this because I couldn't get any new 30-30's locally and I was having headspace issues with all the old 30-30 brass that I have on hand. I could probably anneal the brass, but my local dealer sold me a bag of 38-55 brass really cheap.
So far, so good. Just thought I would pass along the information.