You should not hear any noise when you spin the crank. Grab the crank ends and give each a good wiggle. Any slop is bad. You shouldn't be able to pull the rod from perpendicular to the journal. Lateral rod movement is fine as it is designed this way. In my opinion the one thing that would signal the end of a saw is a bad crank.
I had an 045 that had a good crank and no slop at the ends, but a main bearing was locked up and the crank was rotating inside the inner race. Check this sort of stuff.
If you don't need to change the crank mains, I would at least replace the seals and the wrist pin bearing.
If your jug isn't messed up--gouged, scored, etc.--by all means, reuse it. Theoretically, a chrome or nikasil bore should far outlast an aluminum piston. Realistically bad things happen when you run straight gas, have an airleak, over-rev, forget the air filter, let the muffler plug up.
So long as the piston fit is good and the piston is in good shape, you can probably just re-ring it. Your discretion.
What saw is this you're working on?
Good luck, Chris Bean