How well do you know the rebuilder? One thing to ask would be about machining the rods for insert bearings. There are few out there who can do the proper job on a set of babitt bearings.
About the price, I've seen numbers like that bandied about here, so how good a deal it is, I don't know.
If you are worried about your paint, and want the entertainment, do the R+R yourself. I've seen some ugly stuff happen in a shop. Our PT had some recall work done, and when I went to pick it up I found all 3 windows on the driver side destroyed by spark blow-by. The car wasn't shielded from the work being done on the next car. Got it back a week later with new glass....


Current fleet (subject to change w/o notice)
\'49 GMC 3/4-Ton , 60 Austin Healey Frog-eye Sprite (some assembly required), 2011 Dodge Avenger, 2015 Jeep Cherokee. No, they don't all run.
My other ride is a (B737)no, (B767)no, A320.... Update... was Embraer E190, now Boeing B787.

Knowledge is a wonderful thing, but ignorance means you don't know you can't do something.