If your feeling frisky pull that head , drop oil pan, pull that piston, get a ball hone, hone with motor oil, replace that specific pistons rings, retorque all to spec, drink a beer. It's not what I'd do for a customer, but if its mine it would be my fix.
Wag Rebuilt 360, 260H, 727, Locked 44, AMC 20, 208, 31" M/T's, 4" Rustys, 2.5" Duals. SOON:SOA SF, 496, T400, Doubler, D60's, 37" M/T's <-TOY
Cherokee Rebuilt 360, 2" Duals, mostly stock. SOON: Hot Street 401, 4'' Rustys, 33" BFG A/T's maybe a T-case to get rid of Q-Track <-TOW RIG