Re: 60 degree 4 cyl looper, taper pins
Not exactly just a guide! They are quite important. During manufacture, the block halves are lined up and the taper pin holes are drilled. The pins are driven in to temporarily hold the two halves in alignment That's why they are tapered. THEN the assembly is line bored for the crank, cheek seals, and bearings. So the pins locate the block halves positively with no play at all for 100% accurate assembly after machining. Since the assembly screws/bolts need some play to be assembled, they can not hold the two halves in alignment sufficient to ensure proper sealing and bearing performance.
That is why you can not mate the front crankcase half of one block assembly with the back half of another. It is also why you can not dress down the flanges more than, oh, say, 1 thousandth or so. If you go much further, the block assembly must be re- line bored.