I had the same thought on a boiler feed pump tapered valve. Not on an Allchin, but same idea.
I turned the taper on the plug, and the taper for the body reamer at the same setting using a nose radiused cutter – so the finish was pretty glossy. Then I just added a dab of silicone grease.
I havent tried it in service with water, only air, but that holds air without leaking at 150psi. If it won’t hold water properly I shall just add a small O ring this side of the hole in the taper.