I've got an Iver-Johnson Target Sealed 8 revolver an uncle gave me when I was in the seventh grade (50 years ago). When I first got it, I think it might have been capable of 3-inch groups at 50 feet, but it became less accurate from wear as the cylinder is not always aligned well with the barrel. I don't want to get rid of it because it was a gift, but I think it would be expensive to rebuild. Also, the barrel is pitted and would need replacing. However, if it were re-chambered to .22 Magnum it might be a half way decent close range self defense gun, even with a pitted barrel. I've read that a .22 Magnum pistol is far better than one in .22 Long Rifle. The cylinder is long enough. Isn't the chamber pressure of a .22 Magnum about the same as for a high-speed .22 Long Rifle?