Even so, i would still go 30 thou. How much is not much lip?? What you need to do is measure your ring gap and piston to bore clearance, this will give a much better indication as to how worn the bore is....Make sure you measure the front 2 bores on a holden V8 as they are the ones most prone to wear!
Sorry mate, should of explained myself better, i meant line hone the main tunnels (as pub 24/7 indicated) if you fit main studs. Studs clamp the main caps differently to standard bolts, so the main tunnels will need to be line honed to make sure they are perfectly round. If you stay with the stock bolts, line honing the main tunnels will not be required.
