You do realize that AISI 8620 steel, heat treated in accordance with the drawing, has a yield strength of 128,000 psi.
And, HY-100 IS NOT a corrosion resistant steel. It is more resistant to sea water corrosion than most high strength steels (4xxx, 8xxx steels), but it is subject to corrosion. Which is why chipping paint is a Navy tradition.
Steel choice is more than just - strength = good.
The HY series was developed for high strength (yield and ultimate), good ductility, notch toughness, atmospheric corrosion resistance, and weldability. With a bolt carrier excellent hardness and wear properties are far more important, which is why surface carburized 8620 is used. It can be hardened to Rockwell C 63 to 64.
Quite honestly, a case hardened 1080 steel carrier would probably work quite well for several thousand rounds, as long as the bore was chrome plated and properly Parkerized. There is no reason why HY-100 wouldn't be perfectly adequate, but I doubt it would be "better" than 8620.
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