If that is done would you not want some type of bushing on the O.D. of the bolt going through the rail? It will wear on the bolt and wallow it's self out. it's on a 19 so warranty is out.
Shouldn't as long as your clamping against the inside bushing, It would be no different than having the 2 smaller bolts, if you did drill through it would not wear on the bolt or wiggle.