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Another thought, are you sure its the rings...i have first hand experience of spun rod bearings due to blow by past the flux capaciter. Just some thing to check before you go buy a ring compressor and plasti-gauge. Also check the head gasket for leaks they sometimes blow out between cylinders 7 and 8.
As for your cooling problem Id jsut seal the hole in the radiator with a little Honda Bond fill it up with some Water Wetter. That should take care of it. Trust me i know these things im a moderator for gods sake and im here to help you out.
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