Boring a 4.6 (281 cubic inches) over .020 would turn it into a 286 CI engine, rounding up. Boring it .030 over would be a 289 CI engine, rounding up.
MMR makes some great products. It may include everything you need, but you also need to clean up your block and crankshaft (if the kit does not include a new crank) before you assmeble the motor.
IF and only if the engine does not need to be bored to acheive fresh and even cylinders, you will at the least need to re-hone the cylinder walls. If you need to bore it over, you will need correct sized pistons to fit the cylinders. MMR sells the kit with the option of oversized pistons, depending on how much you have bored the cylinders.
The crankshaft needs to be inspected and turned if needed to acheive a fresh surface for the bearings if you are using a stock crankshaft. When ordering a rotating assembly, you will need to specify what work has been done to the crankshaft (if it was needed) in order to receive the correct sized rod and main bearings. If the crankshaft is included in the kit, everything is pre-measured and fit.
Add ontop of the price for the kit for assembly and removal/installation of the engine if you are not doing it yourself. If you don't have experience pulling and dis-assembling/re-assembling an engine don't try it yourself without someone who is experienced in doing so. Just 1 little mistake can ruin a fresh engine. Plus you will need to purchase tools to do the job.
Shops charge a good amount of money for removal, assembly, and installation.
It really adds up to be alot of money.