max line bore?

That would make the main webbing and the main cap bolts kind of close to each other and the main cap a little thin on top.(bottom of cap that is)

It's possible. If the shop really does it the "right" way and just barely skims the block so as not to move the crank up and make a stock timing chain loose, it might take too much off the caps. How thick are they to begin with? At .310, you might as well say you're removing 5/16 (.312) from the cap. That's a lot. Plus then, you'd need to have the bearing lock machined back in. I speck it could be done, but should it?