Is it possible for a do-it-yourselfer to produce a professional quality barrel lap? What is the proper technique to do so?
Of course it is "possible".
That said, the odds of getting a professional job on the first barrel one tries to lap with out study, training, practice on some old barrels, and effort are probably pretty small to zero.
But it is a skill that can obviously be learned. The key will be to invest the due dilligence to learn the right way to do it, get the materials and tooling ready, practice on some old barrels to work out the technique, then, when you have demonstrated to your self you have the skill in hand, go for it. I don't know what books will have good information, but it doesn't seem like it should be rocket science - folks have been doing it for well over a hundred years.
Start by doing some searches on the net, on this and other forums and the net in general, find a book or two by people who know what they are doing, spend some fun time getting your mind around it, and then go have fun doing it.
I did just that with fitting and chambering barrels this past winter. It was a great way to spend cold days in the study learning what others did, having some lively discussions here where I learned a lot, and then time in the in the shop making tooling, lots of tooling. Then I did it, and so far it looks like it worked out just fine.
Fitch