Yes, if for some reason that hole (bypass port) was actually too small you can enlarge it a tiny bit, but I would not go over 0.80mm !!
For your reference (and because I was curious too...), I just measured two NOS MC, fresh out of the box: a 0.70mm needle fits trough, loosely. 0.80mm absolutely doesn't; so it's somewhere in between, maybe 0.75mm, at most.
Just keep in mind that with the brake shoes adjusted very tight, then every time- and as soon as- the lip of the piston cup slides past that small orifice, pressure inside the cylinder will quickly build up, so that the soft rubber will try to "squeeze into-" or "escape through" that orifice. So we certainly don't want a hole too big, there. On the other hand, if there is a lot of slack at the brake adjusters, the cup will have travelled past the orifice completely, before any action occurs.
One other thing I'm assuming you have already checked: with the piston completely retracted, the distance from the cup's lip to said orifice is less than 1mm. So it doesn't take that much of any debris to get stuck in between the piston and its stop-snapring to prevent the piston/cup from fully freeing the hole. (Which is absolutely essential for the MC to operate correctly).
Same problem can happen of course, if the rubber had swollen, over time... But that's unlikely when using DOT 5.