A lot of stuff here in this thread but it can be boiled down into some very simple stuff.
First, all the debate on H.S. This is something that goes into and out of vogue to debate and it always ends up back at the same point. If your ignition is setup right, the rim thickness (H.S.) differences are not going to make any difference in the end. This is not "It goes bang every time" ignition setup but real and consistent ignition setup. If a person just cuts to the chase and sets up the H.S. to 0.0435"-0.0445" with a very slight edge break at the chamber entry of the breech face you will not have problems nor will you be suffering any accuracy issues if you do your part on ignition setup. The bolt nose recess should be somewhere between 0.033" - 0.038" to ensure that the bolt nose does not touch the breech face.
Next on the reamers, use of a straight wall reamer of diameter of 0.2250"-0.2265" is most common on BR stuff. There are tapered reamers and chamber designs out there that work but in the minority. The diameter should be selected based on the quality of ammo you want to fit in the chamber. If you want to be able to shoot about anything in it, go to the large side. If you want to only fit high quality ammo such as Lapua Midas / Center-x or Eley Tennex / Match, go to the lower side. Lube retained on the bullet once inserted into the chamber is a much more intelligent debate to have here on diameter. The debates over leade angle have lessened in the past few years but the main two choices are either 1.5 or 2 degree. Just pick one and go with it. I tend to favor 2 degree but it is not the end all be all. The reamer you purchase should be beltless or have no stop to depth. This allows you to cut the chamber to any depth you chose. Very common on BR stuff is to have 0.125"-0.145" of stick out with also a smaller following of people doing 0.060"-0.090". I prefer the more engraving in the first range but success is had both ways. Some factory type actions do not have enough closing cam to handle substantial stick out so they have terrible bolt closing if you try to run to much.
Lastly, the machining of a rimfire barrel is not some crazy hard operation as some want to make it out to be. Matter of fact it is pretty easy compared to other stuff. It just requires attention to detail and not as forgiving to not having great alignment and concentricity as jacketed high pressure stuff is. That little lead bullet gets deformed and stays there with not much pressure to expand it back out once it gets deformed. Slug the bore with care (I know this is vudoo to some centerfire people) and mark out where the blank needs to be cut on both ends. Keep everything straight and make clean cuts and all will be fine. The leade in almost every case needs to be cleaned up after cutting the chamber or you will be shooting a lot before it comes into its own if it ever does. Even with a great finishing of the leade after cutting it will still take some rounds to get it to the best it will be. I'd call it a brick or two to be broke in well but should shoot good from the start. Finishing the leade is probably the most difficult part because it needs something but it can be over done. If a person approaches it with patients and slugs through the leade as they go, they will be fine. You will feel the difference when you get there. You can also see the difference with a bore scope. You are just looking to do enough to change circular machine marks to now run length wise with the bore and no more if you reamed things cleanly.
The extractor slots are probably the next most difficult thing to do. There are many different ways to get there like most machining operations but it all starts with getting the barrel indexed correctly. Once that is achieved then take off into which ever slot pattern is needed. It is just keyway cutter or slitting saw operation at the correct index and depth. A person can get away from all of that by cutting a cone instead of slots but there are issues there. The number one issue most realize is that the chamber mouth can and likely will end up dinged over time. Ways around it but it ends up with compromises and more difficulty than just cutting slots.
My opinion for why in the rimfire world there has been rimfire guru smiths and such distain for getting centerfire smiths to do the work is that in the past, centerfire smiths just didn't take the work serious enough. They would think "This little rimfire doesn't need as much of my attention" and just were sloppier with their work than they normally treated their centerfire stuff. That lead to the rimfire vs centerfire smith debates and where we are now. I may be wrong on that and way off base but how it appears to me. Just do the same quality of work and attention to detail and it will likely turn out fine. At most just take into consideration the lead bullet and low pressure and what it wont allow a barrel to get away with and it will be fine.
This is mostly all coming from someone that looks at things from the BR mindset to begin with, then scales it back to necessity for what I have in front of me to work on. It ended up much longer than I intended for it to but it points out just how basic this really is.
Tad