360 rebuild issues

Before you rebore the block, check out that hole/defect. Was it from wear or machining damage? If it is a sand pocket, casting defect will the boring clean it up.
Looks like pitting to me. Like maybe moisture collected there. Think the block sat in some guys shed / garage for a number of years before I got it. I can only hope it will fix it. I think you can only bore up to +30 on a magnum block due to thinner walls. Payed $50 for the short block. Spent a ton more now! Oh well :dontknow: