The principles I was taught in the 1960s - if true and still hold today - are:
Boring and honing:
The boring tool transcribes a true circle - which is then passed along the axis of the bore to give a true alignment and cylindrical shape to the bore. The honing process "flattens the peaks" of the machined surface - so the only about 50% of the depth of the machining is retained - thus providing microscopic bearing surfaces and adjacent valleys that retain oil for lubrication. The diamond cut from honing is seen on the surface - and with a small enough "grit" of the stone / abrasive leaves small transitional grooves in the texture of the bore - which permit movement of the lubrication around the surfaces.
A reamer - with multiple cutting edges actually cuts with a natural frequency "wobble"... Like a 3 pointed tool can cut a 4-sided hole - The "multi-faceted" reamed hole is always the number of cutting edges plus 1 number of facets. The shape of the facets is curved, the same a a multi-sided coin is made in order to roll inside slot machines, so the diameter is "true-size" but the centre is actually not a single point but describes the same multiple point connected by curves as the tool has described. However, this only really happens when the reamer is "unsupported" during cutting. When used from the tail-stock of a lathe (other other machine location) the machine resists these forces that want to "wobble" the reamer, so the "highest" cut of the reamer describes a circular hole as it transits a bore. In this case, depending on how secure the reamer is held, how stiff the lathe (or other machine) is within the integrity of the structure, and how accurately the reamer is aligned to the true axis of the bore, will depend on how well reamers make a bore.
But that was the theory I learned in my apprenticeship.
"Tool-makers" know better - as they have it "in their blood" to have very accurately set-up machines, that are relatively "stiff" (compared to the forces involved in machining), and have the best training, experience and practices. But as an amateur - with "imperfect, cheap machines" and methods, I always bore - as reaming has produced the "multi-facets" on one or 2 jobs. (maybe 3 or 4?).
The multi-faceting of reamers has been "Pooh-Poohed" by some I have spoken to in the past, but they are the proper machinists who couldn't give a jot for theory, as they know best. My cheap drilling machine could make a faceted bore quite easily! So "beware the Jabberwock, and cut him no slack", for "slack" allows him to spoil your machining!
K2
Boring and honing:
The boring tool transcribes a true circle - which is then passed along the axis of the bore to give a true alignment and cylindrical shape to the bore. The honing process "flattens the peaks" of the machined surface - so the only about 50% of the depth of the machining is retained - thus providing microscopic bearing surfaces and adjacent valleys that retain oil for lubrication. The diamond cut from honing is seen on the surface - and with a small enough "grit" of the stone / abrasive leaves small transitional grooves in the texture of the bore - which permit movement of the lubrication around the surfaces.
A reamer - with multiple cutting edges actually cuts with a natural frequency "wobble"... Like a 3 pointed tool can cut a 4-sided hole - The "multi-faceted" reamed hole is always the number of cutting edges plus 1 number of facets. The shape of the facets is curved, the same a a multi-sided coin is made in order to roll inside slot machines, so the diameter is "true-size" but the centre is actually not a single point but describes the same multiple point connected by curves as the tool has described. However, this only really happens when the reamer is "unsupported" during cutting. When used from the tail-stock of a lathe (other other machine location) the machine resists these forces that want to "wobble" the reamer, so the "highest" cut of the reamer describes a circular hole as it transits a bore. In this case, depending on how secure the reamer is held, how stiff the lathe (or other machine) is within the integrity of the structure, and how accurately the reamer is aligned to the true axis of the bore, will depend on how well reamers make a bore.
But that was the theory I learned in my apprenticeship.
"Tool-makers" know better - as they have it "in their blood" to have very accurately set-up machines, that are relatively "stiff" (compared to the forces involved in machining), and have the best training, experience and practices. But as an amateur - with "imperfect, cheap machines" and methods, I always bore - as reaming has produced the "multi-facets" on one or 2 jobs. (maybe 3 or 4?).
The multi-faceting of reamers has been "Pooh-Poohed" by some I have spoken to in the past, but they are the proper machinists who couldn't give a jot for theory, as they know best. My cheap drilling machine could make a faceted bore quite easily! So "beware the Jabberwock, and cut him no slack", for "slack" allows him to spoil your machining!
K2