Thinking about this some more, you could make up a hardwood cradle to hold the piston(s) by turning a hole in a piece of hardwood, cutting the wood in half and cutting back the faces of the wood so that it clamped the piston almost right around its circumference, then mounting the cradle so that the piston is horizontal with the face to be milled accurately vertical (this is critical) and end milling the piston face with a fly cutter . A really good Bridgeport guy should find this no problem and it would take away the risk of damaging the piston by trying to remove it from the rod.
A tolerance on face to gudgeon pin centre of maybe +/- 0.002" would be ok.
A cheaper alternative might be to open up the chambers in the head by a couple of cc, although taking 0.040" from the piston top is like increasing the combustion volume by just over 4 cc.
11.7:1 is a bit high, but anything up to around 10.7-ish should be acceptable so long as you use premium petrol with octane booster and have the correct advance curve on the ignition.
Edited by Cooperman, 24 June 2014 - 11:04 AM.