Yes, if you have a set just sitting around you definitely could use them. Let me run this by you too, as I just went through this with a buddy of mine, who I am building a engine for. I don't know what your machine shops charge around your area, but theses are the prices around here.
crank grind- $111
re-size rods- $96
press pistons on rods- $68
balance assembly- $165
bore block- $135
clean block- $55
rework heads- $400
So, my buddy wanted to redo the 350 sbc in his 72 GMC pickup, but hop it up a bit over stock. With the upgrades he wanted I listed it all out plus the prices of the rings, bearings, pistons, ect. in the kit, plus a new balancer since his is shot. It came out to be around $660 or so for the needed machine work to the rotating assembly plus parts. So I told him why don't we just order a balanced Eagle SIR kit and stroke it to a 383, the extra torque would help to move the truck of the line better and it would be a "snappier" street engine. So that's what we are doing, the cost was only $60 more and the whole rotating assembly will be new including balancer and flexplate. Plus all the parts are stronger than the OEM parts. The only thing he needs now is the block punched and cleaned since we are also slapping on aluminum heads.
Sorry that got kinda long winded. I guess what I am suggesting to you is, pencil it out with your machine work and parts costs, it may be about the same cost to put in a SIR kit and be done. I know a good set of hypereutectic pistons alone for a 406 are going to run around $160-$300 depending on flats or dish. A SIR kit can can be bought for under $800 shipped from many retailers, I have used theses in many friends and customers engines with good results, never any issues. Just something to think about when you finally pull the trigger on the build.