Well, one man's money pit is another mans play hole! But if you read the post carefully and thoughtfully (the latter part perhaps being impossible) you would note that I said "project gun." Price was low. Overall quality of the gun is high. Work and expense to return it to a nice shooter is well within reason for folks who like to rescue old guns as a hobby.
But what I was hoping for was some useful information from those in the know - the combined knowledge of this forum - about the maker (I am quite familiar with Webley revolvers, but not shotguns), suggestions on remedal actions to deal with bulge, which is actually very small and does not seem to have overly impacted the metal at that point and anything else that might help an admitted neophite in the world of doubleguns.
Snarky remarks are neither welcome or useful (although I suspect more are forthcoming).