Nice one fellas, think I'll leave well enough alone for now then as far as the piston rings are concerned. The rate I'm going, if I start an engine teardown I might actually get this rubber on the road in 2025.
This bolt however is a different story. When the engine was running it sounded pretty good, no rattles or anything that would immediately point to a loose chain. Also, I didn't see any aluminum in the oil, but admit I could have missed it. Little apprehensive about the helicoil routine, it's a one shot deal as far as I can tell, but if that's what it takes then that's what it takes. I like your suggestion Maritime, I'll look into tapping the hole out as well. Thing is, the bolt itself has a saddle about half way down (for the o-ring I'm guessing) so finding a thicker bolt with that same saddle might be tricky.
How's your foot holding up? Hope you're on the mend mate, best wishes from MTL