If you are going to put new rings in, you will want a quick hone job. Bearings should all be good unless you find something that indicated trouble. Do you have the ability/tools to measure valve guide and stem clearance, the intake valve looks like it is sucking oil down the guide or possibly the PCV system as noted.
1957 Chevrolet 5700 LCF 283 SM420 2 speed rear, 1955 IH 300U T/A, 1978 Corvette 350 auto, 1978 Yamaha DT175, 1999 Harley Davidson Softail Fat Boy
