Hi Aj: Well as I've said before anything is possible!! Example as a cutter wears, sometimes it can cut oversize and or gall.
Certainly since receivers were made from one billet of material, to help eliminate waste, if there was a machine hiccup, broken cutter, worn cutter, galling marks, the most logical thing to do is measure the effected area to determine how much material is left. If the damage isn't too severe it most certainly could be machine to the larger deminsion for a 16 ga. bolt, or carrier as an example.
Something to ponder, most people know that the choke of a Winchester shotgun barrel was hand lapped to a specific tolerance. Most 12 ga. barrels will measure about .688-698 in diameter at the muzzle. The very last operation on the machining, honing, and lapping process, was to stamp the choke designation on the barrel. I've seen 30 in. Modified, and even a 30 in. Cyl choke barrel. Most people who bough the more open choked barrels wanted them shorter! winchester certainly didn't throw barrels away because they were over lapped/honed. they just ended up with some long barrels with something other than a FULL choke.

By the way something like a 30 in. Imp/Cyl, Cyl, or a 32 in. Modified, is rare, and certainly worth looking closely at to see that it might not get a new home in your Winchester collection!!
Regards to all
Dave.
PS: AJ PM'd me and asked for my source, it's from Ned Schwing author of "The Winchester Model 42" and "Winchester's Finest, the Model 21". From page 24 of the 42 book.