Back to the original question: to sleeve or not to sleeve.

Both have pros and cons. Sleeving (dry) is a common procedure that many good machine shops can handle. Cast iron sleeves are fairly inexpensive. Alusil honing on the other hand requires specialized equipment and knowledge. Most likely the block will need to be shipped to one of few shops that can do it. In the end honing will most likely cost more.

The risk with sleeving is that if it is not done properly, it will result in catastrophic failure. 3.0 blocks are expensive and are getting hard to find. If the engine builder and the machine shop have done sleeving on 944 engines before, I'd say go with it. If not, look elsewhere

Another thing to consider is timing. There is zero margin of error in these engines. Make sure that the builder knows how to set the timing after the compression change.