Thank you all for your various and all quite proper suggestions -- but the deed is done!!
Happily I hope.
Not tested down at the stock tank, but it seems well done, and now at least, I can sleep at night, without an ashkroft minion waking me, with the door ripped off its hinges.
Damn this paranoia! I notice that the fellow who shipped it to me saw fit to disguise his return address with a reference to car parts. Damn this culture of fear.
Using a Dremel cutting disc, I shaped the bayonet lug into a stud to attach a quick release carry strap. Fairly done.
The barrel was (slowly/carefully) cut with a fine tooth hand saw just forward of the small flair, at the near end of the threads -- removing little more than 1/2" of the O.A. length. It was dressed with a file. I had a well worn Dremel bit made of diamond dust impregnated rubber. I tested it on the remains of the original barrel,looked good, so I finished the thing with this tool, Untill I get the Brownell square cutting thing (if needed) it will do.
I'm quite satisfied with it, especially the legality of it.
Again, thanks, for your responses, and to the gentleman who offered the use of his lathe.
Enjoy your Forth. I'll be making some noise!