To answer your specific questions:
When you turn a 59AB crank rod journals (with full-floater rod bearings), the new bearings will typically be for STD ROD IDs and the new (under-size) crank pin. The full-floater bearings could be ordered with undersize values for a turned crank, a STD rod bore, or an oversize rod bore. Finding bearings for oversize rod bores can be a real *****.
What I normally would do is this (with full-floater rods):
1) Have them checked by a competent machine shop that understands flatheads and full-floater bearings/rods.
2) Determine if the rods need to be rebuilt or not. Rebuilding full-floater rods and buying new bearings can easily cost $500+ (and that is assuming they know how to do it!).
When the rods are rebuilt, they will normally bring them back to STD, so you'd be looking for 59AB style rod bearings, with an undersize crank (like .010) and STD rod bores. These typically run somewhere around $150 - 200 a set.
Now it is decision time: If you're going to need the rods rebuilt, it may actually be cheaper to go to a later style crankshaft, with new rods and insert style bearings, than rebuilding your 59AB crank and 29A rods.
You can put a 49-53 Ford crankshaft (same 3 3/4 stroke) or pay more to get a 49-53 Merc crankshaft (4" stroker) and then run the later rods with more modern style insert bearings.
Since you're investing in regrinding the crank, rebuilding the rods, etc - you might just decide on the 49-53 rotating assembly route, potentially with more cubes in the motor if you go to the Merc Crank. This is a bit easier system to setup - as you don't have to 'hand fit' the full-floater rod bearings . . . which most machine shops do not know or care to do.
Note: If you decide to run a 4" stroke Merc Crank (you can buy them new from Eagle, SCAT, etc), you must have the CORRECT pistons to match the longer stroke! All this stuff is easily purchased from a variety of vendors.
If you need more help, just ask!
B&S