Inspect the head gaskets closely. There's a weak-spot on the cylinder heads near #1 and #6, the heads distort, and the head gasket pops. When it does, it tends to scuff the iron block. I had a shop cut .015 from the heads to clean them up.
http://hbassociates.us/Lumina_Head_Gasket_02.jpg
http://hbassociates.us/Lumina_Head_Gasket_03.jpg
Verify the timing chain and the plastic guides. Everyone talks about the timing belt, but if the engine is apart anyway, you'd better have a look at the chain and it's tensioner.
The exhaust valves get beaten-up pretty badly. The seats are hardened inserts; and they seem to hold up very well--but the exhaust valves look terrible. Intake valves and seats seem to hold up pretty well, as do the guides--but have the machine shop check everything. I ground my exhaust valves about .003--.005 and they cleaned-up nicely. Intakes cleaned-up at .001.
Fresh-ground, and untouched used exhaust valves:
http://hbassociates.us/Lumina_Valves_01.jpg
A '95 engine may--or may not--have the updated camshaft/lifter oiling update. There was a service bulletin about that, with a parts "kit" that was long-ago discontinued. The only thing in the parts kit that was "special" was the new, slightly-thinner thrust plates for the camshafts. The other parts were gaskets, set screws, cup plugs--stuff you could source outside of GM. You could have your existing thrust plates shaved by your favorite machine shop. They need to make them a few thousandths thinner. If your soft plugs at the end of the camshaft are solid, you should perform the update. If the soft plugs have a small hole in the center, the update has already been done.
http://hbassociates.us/Lumina_Cam_Bulletin_001.JPG
http://hbassociates.us/Lumina_Cam_Bulletin_011.JPG