Not a problem
I have run a tank dry regularly with my -7 running an IO-360 when using the tip tanks.
There need be know drama.
The prop will keep the engine turning, whilst you change tanks.
Boost pump on reduces the time for the engine to catch.
I usually reduce to about half throttle to prevent the gov/prop from over working when the engine relights.
The first sign of the impending fuel starvation is on my GRT Engine Monitor. The fuel flow is seen to reduce rapidly, well before the engine hesitates.
Now. Lastly, when it all happens, don't forget to read the fuel levels and Fuel Gone and write them down.
Pete