@Red Leg you’re correct on the specs. My concern is one of neutering to get regulation in a vintage gun. (Do they make modern 375 nitro flanged magnums?) Some of those guns like to operate on kynoch (woodleigh) softs at fairly tepid speeds, especially in the 24”-25” barrels they often have while the always exaggerated kynoch original data was using 28” barrels. Add to that, many were regulated for 235gr and 270gr bullets. I just get unease taking the universally accepted minimum caliber of 375hh and diminishing it, then putting it in real world barrels, and potentially diminishing it more for regulation. (E.g. not uncommon to get doubles regulating at 100-150fps less than the original specs say should regulate the gun.
original 1926 specs from 28” barrels which you cited correctly:
http://www.kynochammunition.co.uk/375 flanged.html
I’d rather have your 9.3x64 brenneke magazine rifle scenario you mentioned because you’re not contending with down-loading to achieve regulation, you’re maxing it using best modern components out of a single barrel.
Certainly feel free to disagree, just giving the thoughts that went into my opinion.