I will be coming into a beat up GC 1 and was curious on opinions about diamondizing/super crowning it. With a little research I've found that they had monarch cushions. And the best match to them would be k55. I am okay with not having a dead perfect playing surface, that way I don't have to alter the sub rail. I was just curious if anyone has done this with success.
If you don't plan to have the sub-rails cut back, I think you are misusing the terms "Diamondizing/Super Crowning".
"Diamondizing" is the term commonly used when RKC reworks an old Gold Crown, with the same pocket openings that you'd see on a Diamond Table. As part of this, he also cuts the sub-rails back, to accept a modern day K55 cushion.
"Super Crown" is the name that Mark Gregory has given to the old Gold Crowns that he reworks. Again, as part of this work, he cuts the sub-rails back, to accept a modern day K55 cushion.
If you do not intend to have the sub-rails cut, these terms do not really apply. It would seem that you are more interested in tightening up the pockets. This can be done a couple of different ways.
Since you mentioned not wanting to have the sub-rails cut, I would guess that cost is the issue. Knowing this, the most cost effective way to tighten the pockets is by attaching a second set of pocket facings (double shimming). This will keep the same pocket angles that the table already has, and would not require having the cushions replaced.
The alternate method, and more preferred, is to have the sub-rails extended. This requires adding wood to the ends of the rails, and cutting it back to the desired dimensions. This does require a cushion replacement, but it greatly improves the playability of the pockets, and allows the pocket angles to be adjusted to different specs.
The cost of extending the sub-rails is generally fairly high, unless you plan to do it yourself. If you plan to have someone else do it for you, you should choose a mechanic that has the ability to cut the sub-rails back at the same time. The additional cost will not be that much, and it would make the perfect time to have that work done, as you would have to have the cushions replaced anyway.