I just bought a Lisle brand cylinder hone. It's easy to use and was only $12 on eBay. Alvin encouraged me to rebuild mine years ago but I didn't know how then.
I recently bought 2 rear brake cylinders for my 1963 because they were only $10 each which was nearly the same cost as the rebuild kit.
Then I priced the front wheel cylinders and they were around $30 each. It really all depends on how much time you have.
Tomorrow, I'll use the hone to clean up and rebuild my 1963 brake MC.