Help a brother out.. 318 questions

So I just was messing around the other night..stuck the bore gauge in and mic'ed it..3.950...is this still ring-able? To reply to the above comments..I am taking everything out of the block, scribing locations and bearing positions and such, so thanks for the tip but I already knew that one and it is the counter clockwise rotation. I'm going to take the boats engine.. take it apart the same way marking Every thing and hopefully throw all the peaces, cam, bearing, pistons, everything from that one into the one I'm working on now in the correct positions..I think lol