Re: '94 50hp Johnson
there are really no pro's and cons. either it needs boring or it doesnt. Your post says "i want to bore", but do you need to bore? have you got a compression problem? If it doesnt have cylinder/compression problems then i would not have any pro's for ya. just cons that come from doing a lot of work for nothing.
If you do have a problem, then its all pro's, your motor will be freshened and have good compression again.