In your shoes I'd do just what your talking about as it clearly doesn't need a complete overhaul. I'm not familiar enough with that engine to know wether it has easily removable liners or press in ones, but if it the liners are easily removed I'd replace both the piston and liner together. If the liners are pressed in them at least run a dingleberry hone through it so the new rings will seat in properly, and as you said just install one new piston.
As far as injectors and having the valves checked that's a really good idea, along with a new set of injectors (given the lack of fuel quality nowdays).As far as the bearings, I'd check and see if there is really even enough wear to bother with them. With no more hours than it has on it, the old ones shouldn't be hurt enough to bother replacing, if it was serviced regularly.
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Today's Featured Article - Engine Valves - Some Helpful Information - by Staff. Intake - On the intake stroke the piston moves doward, sucking in carburized fuel through the open intake valve. Exhaust valve is closed. Compression - With both the intake and exhaust valves closed, the pistons upward stroke compresses or squeezes the fuel into the combustion chamber. Firing - Ignited by the spark, the compressed fuel explodes and forces the piston downward on its power stroke. Intake and exhaust valves are closed. Exhaust valves and seats are exp
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