That's a lot of blow by in that video...curious to see how it looks once you get it apart.
Another thought...see if you can find another engine without so much blowby - it could save you a lot of machine work.
Setting realistic goals now is important, otherwise you end up with "while it's apart" syndrome (and how I ended up with $10k in my ALH when I broke a piston). Do you want 200HP/400ft-lbf with longevity or do you want 150HP/250ft-lbf with longevity - it's a much different list.
If you're going to stay under 250 ft-lbf torque, not pull a trailer for hours on end with high EGT's, etc I'd go with stock/near stock components. If ASV pistons are the same money as ALH's, go with the ASV's. If they're 50% more, not much point in that.
Stock rods are fine, bearings, bolts, etc. Head studs are nice, but at $1.50 each vs $19 each for something that does not need it, also does not seem like much point to me.
Cam, I would stay stock as well, my opinion is that the "Stage 2" aftermarket ALH cams available don't do much for performance or efficiency in the RPM's where you drive every day. If you're aiming for high RPM power and don't mind a little low RPM compromise, then they're good for it.
See the "Rebuilt Head" link in my signature for what I did for head rebuilding. I bought all the components from IDParts.
Measure piston protrusion BEFORE you take the bottom end apart to insure you don't need a 4 hole head gasket
. Decking the block and head are a good idea for head gasket sealing but be careful how much you take off the block (see above).
I went for the 200 HP/400 ft-lbf reliability path - rods, ARL pistons, ceramic coated, head work, studs, girdle, sputter bearings, small oil pump sprocket, cam, etc. See signature for details - many of the links go to my "Where to stop?" thread.