will it hurt. whats your opinion

Can you provide the gang with some info? Likely some measuring tools are not at your disposal. Try this. Is engine apart? Used ring. put it above ware area, measure end gap with feeler gauge. Same used ring, put in wore are of cylinder, measure end gap, using feeler gauge. report back. If the difference is EXTREME, we may have suggestions. Maybe proceeding to pic #1 could be OK for your budget.
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I bought a lisle 36500 reamer. I dont have a budget. I do what is necessary. just dont want to bore the cylinder. I plan on reaming it. cut the ridge. thanks