Your postban barrel is likely around 0.700 right now. The barrel diameter has to be turned down with a lathe to around 0.498. Threading with a die is easy, as long as you start with the correct diameter. That's where the hard part is - getting the barrel turned to the right diameter.
Still waiting for the first WECSOGer to come out with their "I reduced my barrel diameter with a Dremel and threaded my own barrel" story.