I'm jumping in to echo the above comments: that ridge can stay there if the bores are otherwise not rusted. The pistons and rings will never touch it.
The piston-to-bore clearance in this little engine is 0.0004" (that is less than 1/2 of 1 thousandth of an inch!) and if the clearance becomes more than 0.0008" (that is STILL less than 1 thousandth of an inch...) the engine will both burn oil and weep it out the exhaust pipes.
Don't use 'bore scrapers" in this tiny engine (or any SOHC4, for that matter). If you feel the urge to remove that top crust of carbon, use a conventional brake cylinder hone, oiled profusely, and don't run it for more than 1 minute in any position in the bores. Otherwise, you're going to have to get bigger pistons and do it fully over with a proper bore job.
I get to fix lots of these...