I was more just curious to see your rebuild process, more of it's interesting to read/view and less of as a guide. This will be my first foray into the world of BMWs, I've stuck with Subarus for a long time and the EJ series is a whole lot different than most other stuff out there but I haven't been able to find a decent video or walk through of an M10 build.
For my eventual 2002 the engine rebuild will definitely be down on the list after the things you listed as well as rust. The essentials come first and foremost before I bother at looking at anything crazy. But it's definitely a long term plan to rebuild the engine, partly to refresh it and honestly partly for "shits and giggles".