Figure the price of boring as the same price of a rebuild.
IME/O, by just boring out the block you'll gain low end HP (but sacrifice high end HP) and shorten the power band (peak would be moved to around 4000-4500 RPM).
But if you did it right, you'd gain more torque. IIRC, the bore on the 2.5L is 3.310in, IMO I wouldn't push it past 3.5in (if the block could even take that, I doubt it could w/o sleeves). This would add about 18 ci to you engine also.
If you've got the money to do it and the money to replace the engine, and are willing to take the risk, then go for it. Get a copy of Dyno2000 and mess around w/ it.
Just my $0.02