Unless you have a 20 ton press, a swaging tool, an undercutting tool, and a bunch of other specialized tooling, not to mention the know how, you stand a good chance of warping the hub flanges and cracking the new cast iron drums. New studs are out there in a number of diameters and if you use those that are too large you will definitely crack the new drums.
The art of swaging is a lost art. Those that knew how to do it retired with the greatest generation years ago. Best let Randy Gross do the job for you. He knows what he is doing, has all the tooling, his prices are reasonable, and he is a nice fellow to do business with.
Tom Endy