Two points to consider.
45 colt chambers are typically cut quite oversized due to outdated specs. 454, I'd expect would not clean up the old chamber properly.
45 colt with starline brass, and ruger level handloads will meet or exceed most people's recoil comfort level in a lightweight carbine, with performance to match. If a 325 grain cast bullet at 1500fps is not enough oomph, a 45-70 would be the most logical step up.
Regards,
Stomp
The M92 is a hell of a lot lighter and handier than any .45-70. 300grn jacketed bullets at 2100fps are also easily done. I'd say the OP knows exactly what he wants.