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Does rechambering/setting back a barrel give it full life again or is the life of this "new" chamber/throat reduced from the original?
You'll get 30-50% at best after setting back, maybe less. After 1,000+ rounds there's too much fire cracking for there to be any long term benefit, even after cutting the old chamber off and starting over. Usually, it's not worth the expense to do this unless you can do it yourself.
If you are paying the same for a set back as a new barrel install, someone is getting screwed.
No...and I think it is a waste of money. Borrow a borescope and check out a barrel with a few thousand rounds. The firecracking extends many inches up the barrel...a foot or more. I have my own lathe and don't bother rechambering for this reason...not worth the time or money.Does rechambering/setting back a barrel give it full life again or is the life of this "new" chamber/throat reduced from the original?
It's the same amount of work, if not more to set a barrel back vs. installing a new one.
Not according to my price list.