After MANY years of auto engine building, I cannot imagine doing bore work on an engine and not removing the ridge. There are tools specifically for that purpose that are easy to use. Not removing the ridge can easily, as noted in a previous post, cause a ring or piston land to be broken. The ridge should be removed and the cylinder will then need boring/honing, most likely to the first (or next) standard oversize which will require pistons for that size. If there is a ridge, the bore is now worn by that amount - and tapered as well. If there is no ridge, a bore can be honed to remove the glaze and new rings of the same size installed though taper should be checked. A tapered bore will cause oil burning/low compression because the rings can't seal properly in a tapered bore - they can only fit/seal properly with a bore at the correct diameter for the rings. In a tapered bore, the rings will only seal correctly at the bottom (non-tapered) portion of the travel, which is the least important part of the stroke.