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I would also recommend using hastings piston rings, also very good and cheap ($30 from manf.).
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DO NOT, UNDER ANY CIRCUMSTANCES, USE HASTINGS RINGS!!!!!
THAT'S why many Saturn engines burn oil in the first place. If you rebuild your engine with Hastings rings you run the same risk as you did from the factory of getting an oil burner, since Saturn used these rings stock.
As to your questions, I would definitly have a look at the bottom. If I were you I wouldn't just hone it and slap new rings in it either. Go however far over you need to get it true then get pistons that size. Besides, its not extremely difficult to pull the engine, and its a lot easier to work on on the engine stand then in the car. What I would do is pull it out, look it over, get a quote from the machine shop. Then compare what it'll cost at the machine shop with what it'll cost to get an engine from Joey. If you go the machine shop route don't let them use Hastings rings, get Sealed Powers or anything else.