Definately re-barrel. I wouldn't have even thought of re-boring. I've used barrels from ER Shaw several times, and I've had sub moa accuracy from all of them. ER Shaw will ship a barrel in the white to your door for around 200 bucks. I can headspace, attach, and parkerize myself, so I can get out cheap. You could probably find a smith to blue or park and mount the barrel for around 250. Don't get stiffed on the blue job. There won't be a tremendous amount of prep work going into a shaw barrel if bluing. With park, normal prep and blasting will be in order.
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