Even though I'm working on (another) thread where I find myself interacting with myself (and a hi-jacked thread at that!?!), I have some follow up info for future gearheads interested in the 4 ring deal.
I broke down the old original TR2 pistons and compared to the new, 4 ring pistons. First, here is the design of the original piston from 1955. You will note there is an expansion crack along the non-thrust side of the piston. The oil ring is fed through small drillings through to the inside of the dome:
The weight of the original, including pin, rings and clips is 606.8 grams
I just had to include a pic of a brand new sleeve. Something about newly machined parts!
Now, for the pics of the 4 ring piston. At first glance, it is identical, with the exception of the fourth ring. With a closer look, however, there are 2 cutouts below the upper oil rings. These are really pretty large, and cover more than 50% of the circumference of the piston. This should eliminate any issues with piston oiling between the oil rings, as there is a large amount of the piston "opened up" to allow oil between them.
And, the final word on weight is that the new 4 ring weighs 622.8grams vs the original weight of 606.8 grams. So, only 16 grams, or 1/2 ounce. Of interest, that entire half ounce is in the weight of the 4th cast iron oil ring itself. I know from my days balancing pistons that 1/2 ounce can easily be removed from a piston, if it is a concern.
So what is my conclusion? Well, weight is not really a factor between the 3 and 4 ring designs. I also don't think lubrication is an issue any longer with the 4 ring pistons. Although I don't particularly like the large cutout with the 4 ring...I also do not think it is an issue on a relatively low RPM motor, like the stock TR's. If I planned to wind the motor to 5k regularly, or above 5k for any length of time...then I would not want the 4 ring, opting for the more modern 3 ring design.
I still have a set of 86mm on the way. I'll update this thread when they arrive...and I still have to choose which!!