I think there are a couple of different type of makers.
Taking the boring head to my eye the MT taper has some marks which could be down to machining or it having spin in a socket, finish on the GM diameter is not great and the alloy casting could have done with some fettling to remove the flash.
Others may see beyond the external appearance and find that it is perfectly functional. But could also be indicative of other poor workmanship that may affect it’s function
I’m of the first type liking my engines to look right to me yet someone like Graham Corry of Alyn Foundry that I have been developing a few new engines with will do the absolute miniumum to castings and only machine the surfaces that need it flash and surface finishstays as it left the foundry. But he makes running engines many of which have not been modeled before or have unusual cycles like the Brayton or Loyal. We have just been workng on a Hardy and Padmore “ideal” engine which has a form of Loyal cycle but he has got it running with cobbled together ignition, sparkplug, valves and then with hot tube. Should it be scraped, I don’t think so. Mine will be more refined and finished as that is how I like ’em.
Another example may be those who build a traction engine as they want to get out and enjoy it on the rally field, probably build it to drawing and may use a few stock bolts with stress grade markings on them or even cap heads a sit gets them to where they want to be quickly. On the other hand some will remodel the whole TE to be as true to scale as possible and may never finish the project or like that Dutch guy with the immaculate BB1 ploughing engine find it is too pristine to be steamed.
That boring head may have been made as quickly as possible by someone wanting to use it where the main purpose was not the making of the tool but the part it was used to make so they did not want to put in the time tarting it up to exhibition standard.