For long term storage, I also like the goop type stuff. One of the best I have used is called Gel Lube in a spray can from VALCO Cincinnati. I think you can buy on the web. It sprays on thin then jells-up as it sits. For after cleaning and when going on to machine, I just use WD-40 in a squirt bottle, not the aerosol can. Get the block wet with it and it will not rust for a few weeks. The one downside to WD-40, is you will have to really scrub the block with soap and hot water thoroughly if you want it to hold paint. I am sure others will chime in with better suggestions.
Typically, bake and blast is not a hand operation, so everything will be blasted. Lifter bores generally just need 5-10 passes with a ball hone. No big deal there. It's just an annoying surprise to be assembling the fresh engine and realize none of the lifters will fit in the bores. Then you have to re-clean everything again and possibly re-paint. Just a head's up.
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