$50 Craigslist 360 EXTREME budget rebuild??

Well any suggestions on prepping the block will be much appreciated. At this point I'm not sure if I should buy the dingleberries or by that three bladed thing for honin the cylinders? And I was also thinking about how to clean up places like The main bearing races and the insides of the lifter holes? I'm winging It On A Prayer here and kind of the little motivated to get it done.
LOL.... changing the name of a thread??? I'm looking forward to your build. I love throwing pieces at something and seeing what it does..... I got 30+ years of doing that.