Re Chrome a sleeve
The hone used for cylendars is know as a Sunnen digital hone. It is capable of honing a taper with an accuracy of .0005 inches. When I was a machinest for Rockwell there were two in the shop. Even the stones have to be trued for every job and sometimes more than once. Somehow I don't think you'll get that kind of accuracy with a wheel cyl hone, But I don't see anything wrong with trying.