A straight, round bore with a proper hone by an experienced RACE shop is more important than shooting for the perfect piston/bore clearance, AS LONG AS YOU HAVE ENOUGH CLEARANCE FOR THE PISTONS ALLOY, and BOOST LEVEL!
I would rather see a perfectly honed, straight bore (within a total of .0003" varience) with an extra thou or two clearance, rather than a perfect size somewhere, and taper, either large or small, elsewhere, and a sub par finish. Keep in mind, we have seen a LOT of engines come thru here that have required .030" overbore to clean up that were in old bracket race, and street cars that ran in the TENS at over 130 mph! Out here in the AZ. area, we see 80-90 plus MPH jet and prop boats that run great but needed a .030 overbore too. Out here, if your boat won't break 90 or 100 mph, nobody gives it a second look.
For what you are doing, you don't need to fixate on a torque plate hone, just a proper wall finish, minimum required clearance, done on a quality machine, by someone who has been building nothing but performance engines for years. Not a general rebuilder that does an occasional 383 with a street cam!
Torque plates are needed more on 400 small block and 4.500" plus bore big block Chevies because their head bolts are extremely close to the cylinder bores, are not countersunk, and thread directly into the deck.
Our little Buicks have deeply recessed head bolt bosses and the threads are a lot farther away from the cylinder bores, in addition to the blocks and heads being cast from a much stronger, harder iron alloy containing nickle and tin.
Also, when torque plate honing, you must use a new gasket of the same brand, type, and thickness, FOR EACH BANK, and the same fasteners, of the same type, and torque you will be assembling the engine with. Anything less, and you are pissing in the wind!
We old guys that have been experimenting with torque plates, and honing techniques since the 1970s, can pretty much look at the design of an engine, and material they are cast from and know whether a torque plate is needed or just a "feel good" waste of cash FOR THE APPLICATION.
The measure (pun intended) of what blocks need to be torque plate honed is simple, hone one bank with it, measure the concentricity of the bore, then remove the torque plate and re measure. The aforementioned Chebbies will generally have as much, or more than one and a half thousandths change at the bolt holes, SBFords have less because of countersunk headbolt holes, LS chebbies, Honda B16 and 18s, and V- 6 Buicks have very deeply recessed headbolt bosses, and 455 Olds are even better, as the bolt bosses are cast into the water jacket, not the cylinders, and are much farther away from the cylinders. These characteristics will change the bore distortion from bolting on the heads.
Look at your block, check out your machineshop and see how much percentage of engines in there are stock, or hi perf. Then ask if they are using new gaskets of the same ones you are installing, whether they are using your gaskets, fasteners and fastener lube, how many different grit stones they will use, what is their bore tolerance in ten thousandths, and then decide which shop you are using, and whether you really need torque plate honing in your application. A properly designed torque plate will use the same length bolts or studs in the same locations as the head requires.
TIMINATOR