Greeting Cytorg,
The nice thing about the GM IBS barrels are that you can have a true interchange-able barrel system for one rifle.
Since you already have some 54 calibers, you should probably go ahead with the 40 caliber, Later, you might decide to get a 50 caliber barrel, and there nothing to prevent you from, over a period of time, to acquiring barrels in other calibers for the same basic rifle.
Personally, I am a 50 caliber man, but I do understand where you are coming from. one of my current projects is building an Melchoir Fordney flint lock in 40 caliber.
A number of my competitive shooting friends have the GM 40 caliber barrels for RBs and are the best ML shooters in this state (and Texas is still a big state).
While the 40 caliber barrel will make the rifle rifle more muzzle heavy, it should not be a problem. With the extra weight, it should "hang" better for your target shooting.
My late period S. Hawken has a 50 caliber 36 inch barrel that holds real good for offhand shooting.
If you want the 40 caliber barrel, go for it and just do not forget its limitations when compared to a 50 caliber.
Best regards and good shooting,
John L. Hinnant
If you are not an NRA Member, why not? I am carrying your load.