I glass bead all my engine cases, inside and out. As far as I’m concerned,there are no surfaces on a Simplex case that are bearing surfaces. After blasting, I lightly sand and polish them so they look nice.
A word of caution, Do Not pound the bearings out cold! You will ruin the case. Heat the engine to 400 degrees in the oven, or as I like to do, outside on the gas grill. After 5 minutes or so, the aluminum will expand and the bearings will just about fall out. Now, blast the case, clean it up. When you are ready to install new bearings, put them in the freezer for 15 minutes, reheat the engine case to 400 and the bearings will drop right in with a little tap.
Download a copy of the M manual, and it will show how the motor goes together.
As for piston and rings, I always use a new one from Wayne. You can send him your cylinder, and he will bore the cyclinder and fit an oversized piston for you, or if you have the equipment, you can do it yourself. When rebuilding the motor, it is a good idea to get a new, billet connecting rod from Wayne, as the originals are known to fail, with catastrophic results.
Another word of caution, do not pry the flywheel off! The flywheel is removed by using the pinion gear to press against the loosened crankshaft nut. Flywheels are delicate, and are hard to find!