The big factors of bore or hone are, is the cylinder out of round, and do the rings of the current piston fall within factory specs? If you meet both of these conditions, then you should only need rings. If you don't meet either of these conditions, then you bore. Don't spend unnecessary money if you don't have to. Also alot of time when the engine smokes after this is either the break in of the new rings, or the head is tired and needs reworked. Most people either overlook redoing the head or don't check the connecting rod for having too much play. If you have too much play in the connecting rod, your fresh piston and bore won't last long anyway.
Nicholson 500x (Project)
Nicholson 185s
Nicholson 110 (That takes an atc70 tank)
Ascott 500 head/350x (Project)
Homebuilt Racer Chromoly Suspension 110 (Ragin Runt)
PK Racing Suspension 70
A+ Inc Suspension 70
AWS Aluminum 90 frame
Hi Performance ATC Suspension frame rd350
Hi Performance ATC Suspension frame 90