Hi Peter, I use wood as a lap when making cylinders for my hot air engines. I turn the wood a tight fit in the bore, make a saw cutalong the length of it, and put a screw (wood or self tapping) to expand the lap. Then settle down to a long process of lapping out the last few 1/10ths of a thou. ‘Fraid I don’t have any Timesaver, but it would help no end, as I’v just got some very fine grade grinding paste (a 500gm pot).
As far as bell mouthing goes, the trick is not to allow the hone to come out of the bore too far. Don’t let it come out further than half way between the tip of the stone and the hinge point. Ian S C
PS My cylinders are steel, rather than cast iron.