Installing new rod bearings vs rebuilding vs installing new crate or rebuilt 2.8/2.9/3.1/3.4/3800 series/4.9/350/???? is argued constantly. How or what usually comes down to how much money, time, talent and patience an owner has.
Yes, bearings can be replaced without removing engine. No, engine cannot be rebuilt without removal.
Replacement of bearing can give, temporarily at least, quieter running. Will it last? Probably not!
Watch the forums, use the search function above, look in Ogre's cave and elsewhere and GOOD LUCK!