340 Rods, speed pro L2316F “stock” weight is more than stock piston

As some have mentioned many of those motors have been put back together using your parts and called it good with good success. But in my opinion a good balance job is very important for a high RPM motor for longevity and peace of mind.
WRT balancing...you are starting with a completely different set of pistons that weigh more than the stockers. Whether or not you replace the rods as well, either way I would recommend a balance of the recip assembly. You might get away without doing it, but why go through all the BS of assembling a complete motor then find out it has vibration issues down the road? Do it now and you'll soon forget about the couple hundred the balancing job cost you.