I haven't rebuilt a lot of engines and the ones I've rebuilt all had to have new rings installed so the ring end gaps were all within specs when I installed them. The 400 I'm working on now, my first four cylinder, was running well, but the cam tensioner was buggered. I had to strip it down to replace it. I measured the bores and the ring end gap and the bores were still well within standard as was the end gap. The machine shop measured the bores and confirmed my measurements, but recommended a hone. After the hone, the bores were still in spec for standard rings, but the ring end gap was now out of spec so I ordered new rings. My machinist, who has a lot of experience, said you can hone and old rings will reseat as long as they are within specs when you start.