A thorough overhaul or rebuild of an engine block would include replacing the pistons, rings, bearings, timing belt/chain assembly and oil pump. For OHV engines also include a new camshaft and lifters. The block would then have the cylinders bored and honed oversize (or if using removable cylinder sleeves, new sleeves installed) and the crankshaft would be cut undersize to provide new wearing surfaces and perfect clearances. However, your particular engine may not have everything worn out. What if only the piston rings have worn out and the clearances on everything else are still within factory specifications? Well, you could just replace the rings and put it back together, but this would be a very rare example. Chances are, if one component in your engine is worn, other components are sure to follow, and soon. At the very least, you should always replace the rings, bearings and oil pump. This is what is commonly called a "freshen up".
Because the top piston ring does not travel to the very top of the cylinder, a ridge is built up between the end of the travel and the top of the cylinder bore.
Pushing the piston and connecting rod assembly past the ridge can be difficult, and damage to the piston ring lands could occur. If the ridge is not removed before installing a new piston or not removed at all, piston ring breakage and piston damage may occur.
NOTE: It is always recommended that you remove any cylinder ridges before removing the piston and connecting rod assemblies. If you know that new pistons are going to be installed and the engine block will be bored oversize, you may be able to forego this step. However, some ridges may actually prevent the assemblies from being removed, necessitating its removal.
There are several different types of ridge reamers on the market, none of which are inexpensive. Unless a great deal of engine rebuilding is anticipated, borrow or rent a reamer.