Globe also sold slightly sported SVTs, with the barrel cut at the gas block with the front sight mounted there. You are assuming that they relegated the dogs for 555 conversion, but they also cut decent ones.
The ad shows that they were actively grading the guns and trying to sell the good-VG ones at $49 (and the select ones for more). It isn't much of a stretch to assume that it was mostly the rougher ones that got converted. Ditto, the cleaner ones with moderately sporterizing - consisting of "cutting off the barrel at the gas block with the front sight mounted there" could have been the ones - which were overall VG but were received by Globco with damaged barrels at the end (let's hope so).
Globco would also have been subject to the pressures of the market. If the unaltered guns were found to be not selling well but the sporterized one were selling well what do you do? At least you tried, right.
Any evidence to back up your theory that 555s that malfunction because of the use of corrosive .303 ball?
For the longest time the only NC 7.62x54R ammunition was Norma. Everything else was corrosive. Did SVTs develop widespread malfunctioning problems because of this?
Sure, everything was corrosive back in the day but, as noted people who owned 7.62x54R guns knew how to service it and had reason to clean the guns (like depended on it and didn't want to go to the gulag for mistreating equipment). The rules and circumstances were different for Bubba 555 Mohawk owners. Corrosion may make the gas system so it can't be adjusted. If the gas system was set for two much gas, it will never be reset to a lower setting and will always feature "violent extraction" If the gas system was set to low - before mistreatment - then this would made the gas system no longer adjustable and the the owner would then have complained about constant misfeeds.