Personally, I fail to see how using the prince as a GUO (either forge world or GW) could be considered a proxy. It is a large model, obviously nurgle, about the right size body and base and a GW product. Its not like I plan to use a carnifex.
It seems perfectly clear to me that it's proxying (using one unconverted model to count as another). Whether it's confusing or should be allowed is another issue.
It will generally be down to your opponent/tournament organiser, so it's up to you whether to take that risk, but the GW Warriors' Code forbids all proxying and that's something to be aware of if you want to be 'tournament legal'. (It doesn't, however, say how much conversion is needed to turn a proxy into a conversion... Though all conversions need clearance, which covers their backs I guess.)
Personally, I wouldn't mind, though I think it would actually be preferable to use a Carnifex. Someone who looks at your Nurgle DP being used as a GUO might quite reasonably mistake it for a Nurgle DP, even just for a moment, whereas there's no mistaking a Carnifex.