in response to a couple of your questions, and with a small budget "freshen-up / performance increase" in mind:
yes, you can get hi-compression pistons in a standard bore. Hone the cylinders well. Oreilley will have a loaner=hone. typically, these will come with a ring-pack that sits slightly lower on the piston, so you don;t need to worry abut them hitting the ridge. HOWEVER: you'll still need to ream the ridge if its' enough to keep the pistons & rings from sliding into the cylinder. Replacing the pistons will require a rebalance of the assembly, because your bob-weight will have changed.
If the crank has no obvious scoring or burning, Mic it and the bore, or plastigage it. Bearing shells can be had in just about any thickness you could want. CLEAN EVERYTHING REALLY WELL. You can rent a 3000psi pressure washer for $50 and clean your driveway too.

I see no reason to summarily replace valves and springs. If you don't have bent valves, and the seats look good, lap them, put on new seals and call it good. I understand that these guides rarely fail, bit you could check them.
Cams are a good choice next. well, should I say "Cam". Many people suggest that replacing the intake cam with something with a little more duration and / or lift is a good thing. I think general consensus would be to get a set of adjustable cam gears so you can dial them in.
So rough pricing:
pistons - $400
Balancing - $120
bearings - $150
valve seals - $25
Intake Cam - $200
Cam gears - $300
gasket kit - $150