Comp cams xe268h for 318

On a sidenote, if the ring-grooves spec out ok, and the pistons are reuseable, then you can get those nice bores machine-honed straight, taking out say;a thou to a thou and a half. Yes the skirt clearance will be a lil loose, perhaps noticeable when cold. But you can minimize that with running a lil hotter coolant.
With the bores now fixed,
How is the cylinder "FIXED" with a honing?

The only way to "FIX" the cylinder is to re machine it. A honing is not fixing or machining.