I still need to double check the bore diameter and piston.
Do that before doing ANYTHING.
Once you hone it and then find the clearance is now excessive, its too late... !!
Which then throws up the problem of finding a new piston, and getting it to a suitable running clearance.
It is permissible to use a bit of emery to polish out slight spots of corrosion in the bore,
as long as it is thoroughly cleaned/washed out afterwards. Use a bit of tissue paper to swirl
around in there, and see if it comes out dirty will tell you when it has been cleaned enough.
The last thing you want is bits of abrasive left on the working surfaces.
A big decider towards needing a rebore or not is if there is a wear ridge up at the top of the bore, at the
top limit of where the piston rings travel to. If you can feel this with your thumbnail, it may be too much.
The danger is the piston rings will catch in there, and break.
Adding a slightly thicker gasket at the base will/may help in this respect, if the rings don't quite reach this region.
Honing just the top reach of the bore likewise, although this has to be done carefully so as to not add to the problems.
have fun.