Mobuck, yeah, that was a typo (I fixed it). I didn't mention the moving of the sight (forgot), thanks for your answer. Even though that would be a more work (and cost) because of the barrel taper and size of the of the sight base, it could be done since it would be on the lathe anyway.
In all reality, it might just be cheaper (and quicker) to get a new threaded barrel/receiver from someone like Tactical Solutions. Take the original off, pull the bolt assembly out, install it in the TacSol receiver and put that onto the MkIII frame and attach the suppressor.
I actually put a TacSol barrel/receiver on an old standard model (A54 frame, magazine button on the right side) and it shoots fine. I only problem I have is the safety doesn't quite work perfectly and that's probably because the internals of that era aren't quite compatible with new receiver. It's one of my guns that I demo suppressors with.