Help!?! Just took apart my 360, and found bad things!

Did you do a compression check before you pulled the heads? If it was a good amount (100 on the low side for a low-comp SB) then you shouldn't have to worry about rings or honing. When I checked the compression in my stock 318 2-bbl. it was around 95 psi, and that was with the throttle all the way closed. I'm sure if I had opened it it would have been closer to 120 on all cylinders.