The one I have here looks like it has the meat to go 1/8" over (to 3 3/16") but I haven't sonic'd it yet. What Pete said about good blocks being scarce is good, I wouldn't bore it that far on a chance, get it sonic measured be on the safe side.
Most other parts in the engine are fine when going 3 3/6", some of these service blocks (the ones I seen just have 59 on the bell, no AB) have a slinger on the back of the crank rather than a rope seal, due I believe, to the crank being a pre war 2" rod crank. So if you want to flick an 59A or 8BA style bottom end up it, you'll need to swap out the seal housing/slinger castings.
Martin.