If you mean the receiver bore, that (least in my mind) is the best course of action. The trick becomes being able to open it up in a controlled manner. For me, it was solved with a Sunnen connecting rod hone and some specialized (expensive) tooling.
At LRI we diamond hone the receiver bores. It allows us to control the ID and tailor it to whatever finish is applied later. Ceracoat is not one size fits all. The pigment saturation varies on the color of choice. Light, sandy shades require significantly more clearance than blacks or dark shades.
A guy can do this with a ream I guess, but I went this direction because of speed, flexibility, and the ability to control the dimensions and surface finish at a much better level.
FWIW the hone is around $17k for a good used one. The tooling was almost $7,500.00 and must be built case by case.