Take a close look at those rings. I know they "o-ring" the top of the cylinders for high compression/blower/turbo + some head gaskets come with O-rings for the same reason. If they are solid, I would be inclined to leave them & just do a "skim cut" on deck to clean it up.
I am NOT an expert on this, so maybe an engine builder will chime in.
70 Roadrunner convt. street car
440+6, NOS, 4-spd, SS springs
'96 Mustang GT convt. street car
'04 4.6 SOHC, NOS, auto, lowered
"Officer, that button is for short on-ramps"
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