Your on the verge of being ok and needing to bore, but if the engine is indeed in as good of condition as you say with no ridge and still good cross hatching you should be fine. But, If you re-ring, honeing the cylinders for the new rings will most likely change your cylinder clearence and push you up even more. It would be better to measure the size of your pistons with a micrometer, and do the same with your piston bored and see how the measurments compare.
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Original Blue 87GT 5spd.
125,000 Miles, Stock 2.8L
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