...as long as you get a good deal on the parts you need. If youre paying the same either way, 11:1 is pretty safe if the car is running well and doesn't have shit gas. But if its significantly more, I understand just getting it back up and running stock.
But I have friends that would get really pissed if you rebuilt an engine stock... they say its the perfect excuse to go all out. Theyre probably right.

* wink, wink, nudge, nudge*