Some points,
I am a machinist (Tool and Diemaker) and as someone said, you could take a 45 deg. countersink and just dress the hole up by countersinking the hole and giving it a mere .010 to .015 chamfer. This means running the drill press as slow as it goes, Barely turning! You'll know when it's .010 when you have a shiny, no bigger than a pencil line, chamfer on what used to be the sharp corner of the hole, Next I would take a welding rod, bend the tip around, put a short pieces of sand, emery, garnett paper, whatever, in the bend and put the other end in the chuck and "Lap" out the hole a little. Not much! This will make all the high spots (Thread marks and gouges) more visible with out removing any material from the hole. Now you should be able to see exactly what the condition of the hole is and work from there. Clean VERY well before reassembly.
Aluminum foil for plastigage? Sounds dangerous to me! I don't want anything but oil between the rod bearing and the crank journal. Plastigauge is cheap and available! Why fool around with something else?
If as Iceman said, there are no shims, then he is right, there's no adjustment left!
You had better check with plastigauge. with your discriptions of how well the engine seemed to have been maintained, it's entirely possible that the clearances are out of spec now. Good Luck !
Terry