Craig, that one piston looks like something has been tap-dancing on it. That might have been the cause of the low compression in that cylinder (bent valve?)
And the cam also looks like it's pretty much done. I pulled apart a 1958 235 that had pretty much the same wear on the cam and lifters. A few lifters were pretty badly pitted.
The crank out of it was also 10 under with just a touch of wear, but suitable for reuse. I'm probably going to get that reground, or at least polished, depending on what the machine shop says.
