I don't worry about the action, the '92 is a strong Browning design, actually limited more by the diameter of the barrel shank than anything else. Mine is 1911 vintage and two previous owners shot it with loads that would make a 21st Century Internet Expert turn pale as a ghost. It isn't even a little bit loose. The barrel is a reline but it is a good stout octagon with plenty of room.
I hope your barrel checks out usable. I think it is sad that so many old family guns are demoted to bric-a-brac because people are scared to shoot them.
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