I don't know exactly how much you will gain, but I have seen some guys sqeeze the ring pack for every little bit available.
A local Super Stocker, who has held records, used to accept cylinders as much as .010" over as long as they were round and straight. This was on a 4.00" bore. I am not saying he wanted them that far over, but that was his limit. He would always use shims behind the rings to take up the extra space behind the rings. The space behind the rings does matter.
Years of trial and error, along with good record keeping, will yeild best results.
I had another customer who was an ex drag racer, turned dirt racer, who always ordered his pistons with "tight" ring lands. Manley offered this for years. Then I would sand my finger prints off fitting each compression ring to it's groove.

They dominated at The Devil's Bowl in Dallas. I have seen attention to detail in alot of rule restricted classes.
These procedures are closely related to the times when you repaired pistons. If the ring lands were too loose you would recut the grooves and use special rings and spacers. The older (realy realy OLD) guys will know what a GI60 is.
JW, Smitty, Thad, speak up.
EDIT: again.

You can also experiment with very low tension oil rings if you have perfectly round cylinders.
Just remember, when you experiment with ring packs, the running conditions need to be held to tight tolerance. How warm you get it before running down the track, how cool you get it between rounds, things like this start to matter more.