Hone your cylinders with 220-grit stones, at a quick pace (about 300-rpm), and go up and down creating a 45* angle. All these factors are important.
220-grit stones breaks the glaze and places a very nice cross-hatch. I use kerosene or diesel fuel for keeping the iron in suspension, so the stones don't load up. While you are running the hone up and down, have a buddy pour liberal amounts of kerosene on the hone & cyl.
The cross-hatch angle is important. Too shallow of cross-hatch causes piston rings to spin, so co-ordinate your drill speed with your up/down motion.For rod bolt sleeves, I use some old 3/8" kitchen sink tube, you know, that see-through braided vinyl stuff? I cut two lengths about three inches long, and slit their length. When you slide them over the bolts, the slit will open up slightly. Face the slit opposite the crankshaft, and it will go just fine. Galling or nicking the crank is a real problem if you rotate the nick inside a fresh tin-plated bearing. If you happen to nick the crank, carefully stone it out by hand, and be careful not to do it again. Hope this helps. - Dave