The first article was my understanding of blueprinting. The second article has a slight different explanation to me. What they call blueprinting seems like just normal and proper engine rebuilding to me.

I think matching weights between rods and pistons and balancing everything is important. Take it one step further and ensure your flywheel,clutch and dampener are all balanced at the same time with the crank.

I was lucky enough to have a fellow member lend me his boring plate for my 261 rebuild. My machine shop was very happy to see that i wanted it done with the plate as they reassured me it makes a difference.