Yes, just did it to a Favorite dating from 1896 to 1901 a few wks ago.
Lowdown is it worked pretty well;
Barrel was badly pitted when I got the rifle (a gift to my son actually from his father in law) --so bad that after 5 rounds bullets would keyhole at 25 yds, and strings of lead would come out of the barrel when trying to push a patch through. Groups, more like patterns, were 5 shots in about 10" and about 8 were still on the paper at 25 yards by the 10th shot it was off the paper.
I tried bronze brushes and Hoppes, then Big 45 Frontier cleaner, then JB bore paste many times (quite a few hours worth all told). This stopped the lead strings from forming especially in the rusty ring area about 8" in front of the chamber. Gun would now keep 10 shots on paper, but still keyholed after about 7 to 10 shots
Then had a friend who had just tried firelapping a few wks earlier and had some 400 grit clover compound (from an autoparts store) who gave me some.
We did 10 rounds smeared on lead bullets, then clean and repeat for 30 rounds total.
Gun is better--will now put 5 rounds in 4", 10 rounds in about 8" at 25 yards, and no lead strings in the bore. Bore is still mostly dark, can't see any rust though. Just starting to shine a bit when clean and then oiled with a patch.
Going to try another 20 rounds in a week or so to see if I can improve it. It'll never be a tack driver and most likely we'll have it relined, but I still want to see how good more fire lapping can make it. No risk of ruining the bore here--it was about as bad as a bore could be and still see most of the rifling.
I'd say give it a shot so to speak.
Here are 3 links but you'll have to use the search functions to find the actual posts
(You need to Login or Register to view media files and links) (You need to Login or Register to view media files and links) (You need to Login or Register to view media files and links) Hope this helps