Thanks for the info.
I've done a quick check (tower, osengines.com, os-engine.co.jp), the .32 SX-H is ABL, but OS still make a ringed .32 SX. the SX-HX. It's the same as the SX-H but with a ringed piston, steel liner and a pullstart.

As far as money goes, it doesn't really matter to me, I just want a good engine.

Would any of you reccomend I do this conversion if I want a good quality engine that will last years?
(as far as I know the peeling issue is the only problem with OS)