Well, let's define Series 70 Bushing here -
Do you mean an actual Series 70 "accurizer" collet bushing from an actual 70 Series Colt made in the 1970s?
Or do you mean a standard every day 1911 bushing from a gun you're calling "70 series", or possibly from one of the new made Colt repros which didn't actually incorporate the main Series 70 change, which was the bushing and barrel...?
My understanding was actual 70 Series "accurizer" bushings had barrels of a different profile because of the fingers, and it might be better to rebarrel them if needing to replace the bushing with a non-collet bushing? Someone will need to correct me if I'm wrong here. The only 70 Series guns I've owned had replaced barrels and bushings; none of them had the original collet bushing so I wouldn't know from experience.