To do this I had to push a slug completely through the barrel, then I measured the slug with a micrometer. I've been using micrometers for the last fifteen years, so I've got a pretty good handle on how they work, and how to perform precision measurements ;-)
If I measure the groove diameter with calipers I get pretty close to the same number, but of course I cannot get exactly 180 degrees between measuring points across the bore because of the offset in the caliper jaws, and interference between the lands, so it's not a very accurate way to measure.
Thanks for the clarification on bore and groove diameter :-)
FWIW, the groove diameter would be .460, and the bore would be .444. The groove is the deeper part.
Dumb question - did you slug the barrel by pushing the lead all the way through the barrel, or just check the muzzle with a caliper? While stranger things have happened, I would be really surprised if S&W let their computers get that far out of spec. If it really does have a .460 grove diameter, call S&W and tell them about it. They owe you another barrel, plus shipping both ways, and they're really good about fixing their screw-ups.
Before you go all medieval on S&W's hiney, I'd get someone else to check your work and see if they come up with the same measurements.