I have mulled over the same idea a number of times as well. I'm still slightly kicking myself that I traded my Zastava 9.3x62 but only slightly. It would take a lot of work and money as to get a 3 position safety(Saterlee) into Canada is going to cost a mint although much preffered over the Zastava safety. My solution for a 9.3x62 is to use a LH .270 Win Ruger action that I picked up for that purpose. I have a VX-3 1.75-6x32 for glass. Need to pick up a barrel and iron sights and find a smith to do the work. I have also been thinking about a Mannlicher stock too but not sure.
Back to the Zastava actions - one project that really interests me is building a 300H&H using a LH Zastava .375H&H action but that is a long ways off! I'm not a magnum guy but I would like to own the grand Queen.