Why are you wanting to shorten your .50 barrel in the first place? Of course, accuracy and energy would suffer, from the shortened barrel. My main concern and the key to being able to shoot the .50 BMG weapon from the shoulder, without breaking your collar bone, is the the Muzzle Brake.
hereI don't know what muzzle brake you are thinking of using, but the fact that you referred to it as a '6" brake', kinda concerned me. Save yourself a lot of pain and an emergency room bill, and use a pre-manufactured brake, designed for the .50 BMG rifles. If you don't like the Aramlite design (which with the lighter rifle, I would go with the best brake available, especially if my shoulder was on the line here), there are several other designs you can look into, like the "shark gill" design, that will make the recoil managable.
HoweverThe main problem with cutting the barrel down is the taper of the barrel. Normally the muzzle is the narrowest part of the barrel, with the barrel increasing in diameter as it progresses back towards the chamber (I have seen some .50's with bull barrels on them, that appear to have little if any taper at all). The problem you may find is that depending on how drastic the taper is, your muzzle brake may not fit the shortened barrel, unless you turn down the new tip, to accomidate the brake. If you don't have access to a lathe, I suggest getting a machine shop to turn down the barrel for you, as you want don't want to get the brake off center, otherwise you could end up with the bullet striking the brake. I hope you aren't planning to just hacksaw the barrel off. Again, if you are not a machinist, I would have a machine shop shorten the barrel so it will be neat and even. It might cost you $30 to $50 bucks to have it done, but the end result will be worth it. I have seen very short .50's, so other than the fitting of the muzzle brake, there shouldn't be any other problems with the shortening of barrel. If I am not mistaken, there was a production .50 BMG rifle out that sported a 16" or shorter barrel. It was a Maadi-Griffin, only with a very short barrel
www.maadigriffin.com. I saw one being packed around at the Knob Creek National Machine Gun Shoot and Gun Show, about 2 or 3 years ago.
One other problem you might fine, is with a shortened barrel, you are going to be a lot closer to the muzzle and muzzle brake, which means you will probably take a beating from the back blast (pressure wave) from the muzzle brake, each time you fire it. You will have a lot of unburned propellant existing the brake as well, which could make it somewhat painful
Hope this helps!
Be careful and have a blast! (no pun intended)