That would be a big no for the .458 Mag.
Concerning the .458 American, this is pretty much the same performance
as a 450 Marlin & those barrels are cheap according to the web site. Concernig the cost of the brass, a 100 will go a long way with this type of case. Why not sell some of the 300WM brass & then buy the 450 brass.
Also, surely the rechamber job to 458American would cost something &
your time to form cases would be worth something too, I would think.