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Depends on whose kit you get. Some use duplicates of the factory pistons. Some others claim to have equal diameter shoulders on either side of the seal groove, which the factory ones don't. Overall, you could more or less swap pistons between lip seal and o ring types. The kit i got, about 20 years ago, had stock dimension pistons. The trouble I had was the o rings fit too tight in the caliper bores. The springs weren't enough to push the pistons out. So from time to time the brake pedal would go almost to the floor on the first push, and pump right back up the next time. I put lip seals back in. Others haven't had that problem.
If I recall, the lip seal piston has a square profile, and the O-ring pistons have a radius profile. I did all four corners using a name brand lip seal kit from my local parts house. The seals shrank and became hard in a few months and had leaks, and an occasional pedal to the floor event. I ordered an O-ring / piton kit and have not had a single issue in the 14 years since.
Just buy the kit with the new pistons and O-rings. Most pistons that have been in service for a period of time have nicks in anodized coating. Brake fluid collects on the nicks and scratches and creates sludge. I think it's false economy not to install new pistons. I use a Teflon paste on the O-rings when seating the pistons into the caliper bore. You could also use fresh brake fluid to coat the bore for easier installation. Once the piston is installed, wipe any excess fluid from the bore. Jerry
Either way you go, check the condition and inside diameter of the bore for each cylinder. I found the apparent "rebuilt" rear calipers on R66 were bored beyond GM tolerances and the lip seals sucked air when the car was driven and when setting over the winter. Brakes are more important than anything else, so take your time and do it right.
yup, o-ring seals with new pistons , especially in the rear, are much more forgiving when your rotor runout spec is at or past tolerance.
and they are more forgiving on keeping the seal when you don't drive your car much.