First, thanks for the responses. .050" seems way excessive, but the pump is in and after a road test, the temps measured with a heat gun at the sensor are what they were previously, (the old pump was dripping at the shaft).
The Bill Hirsch engine paint is a good match and I also did the road draft tube, crossover pipe, gravel shield, new motor mount, and cleaned the manifold heat valve, (it works perfect) while I had her apart. Also, a lot of degreasing.
Happy with the result. I'll keep Skip in mind.