Fondled several Henrys at the RMEF show in Vegas. The more I handle the 16.5" Big Boy Steel (they had a .44 mag at the show), the more I like it.
16.5" Big Boy Steel Carbine weights 6.59lbs. Prolly is heavier than a short barreled '92.
In terms of a 16.5" .45 Colt though, it comes closer to what I want, than anything CURRENTLY produced at anywhere near that price point. At least as far as I can tell.

I would likely swap to a regular lever instead of the big loop and put on a Skinner peep on it.