This is a loaded question. The more you do and more you inspect the better your chances of having a reliable motor.
How many miles are on it?
Did you do a compression test before pulling the motor?
Ideally you would pull measure and inspect everything.
Measure bores and pistons. If both are healthy hone the cyls and throw in new rings.
If not then bore and new pistons.
measure crank and rods. If everything is in spec then throw in new proper sided bearings. If it can't be brought into spec with bearings then you will need to get it machined for undersized.
Inspect the oil pump or just replace it.
water pump
Pull all valves and inspect valve guides. If out of spec replace them.
Give each valve just a couple light twists with lapping compound so you can see their contact area. If it's not good enough then you will want to get the valves and seats ground. After they have been ground they shouldn't be lapped. A light twist with compound to confirm contact area is okay. You can use bluing dye to make it easier to see the contact area.
Inspect cam journals, valve springs, lifters, and all that.
Rebuild the Distributor.
Definitely replace all seals.
If you go aftermarket this is the only non OEM gasket kit I trust.
http://www.matrixgarage.com/?q=products ... ead-gaskethttp://www.matrixgarage.com/?q=products ... om-end-kitThen of course there is all the tunep stuff like plugs, wires, cap, rotor etc.
I may be forgetting a few things but they are all covered in detail in the FSM.
This is more of a basic rebuild and may be more than you were thinking of getting into but you have to ask yourself if it's worth taking the gamble and not going through everything.
How much would it suck to spend 2/3 the time and money to have done the surface stuff only to throw a rod, spin a bearing or loose compression two months down the road?