photoman,
you might have read Rick Newcombe's articles about airflow before, but I think he's generally right. More open is better, at least to a point. He even opens up his S Bang and Jess Chonowitsch pipes. I'm not a collector, so I'm all for making the pipe smoke the way you want it to.
If you want to open up the stem, just use a needle file or the saw blade from a tile saw (it's really a wire-shaped file) and file away. Don't worry about messing things up or being too perfect. It takes a little bit of time to remove the material you need to remove to increase the diameter of your stem. And just keep testing as you go. File a little bit and then test it out. Then file some more, as needed. When everything is just right, you can take a good draw on the pipe and not hear much of any sound. If you hear a whistle with your natural draw, then it's probably still too tight.
I also find that a good chamfer or funnel on the stem end helps airflow, too. While most pipe makers, if they chamfer the tenon at all, will make a straight-sided, cone-shaped funnel, I find that a more parabolic-shaped funnel lets the air flow more smoothly. (And if you're doing it by hand, you probably won't end up with a straight-sided funnel, anyway).
Hope this helps. Best of luck!