That scoring on the side is from the RAVE valve, that's a heck of a clearance to have .52 mm difference between the cylinder and the piston. An overbore beyond 82.25mm is a risk of the RAVE hitting the piston, unless trimmed. In my case of the 97' GTX, this is exactly what happen, untrimmed RAVE's with 82.50mm overbore pistons. Eventually punched a hole on the side of one piston, locked it up, and it filled up water when towed, then it sat for a year.
View attachment 48084
Yeah, I'd pull it and break it down and have a look, especially if you're about to spend money on the top end. Would suck to do it again.