Ah. Good spot.
In terms of what to do to an '87 Turbo with the head off I'd say just make sure the bores are not marked and put it back together again. You can use performance head fasteners and a fancy gasket if you like though the standard stuff is fine if you don't want to modify the car too far. Last rebuild I used a Cometic gasket and Raceware studs (both now in my garage and both reusable, scary as that sounds). Don't bother with a Widefire gasket as they are no better than standard.
While the head is off and you can get to the sides of the block it might be worth replacing the rubber hoses that live primarily under the inlet manifold - of course it goes without saying that you replace the belts and if they weren't done within the last 48k miles / 4 years the rollers, tensioners and water pump.
In terms of performance mods while you're in there you could go for a dual port wastegate (I'd recommend a TiAL) and a boost controller which would allow you to perform the "venturi delete" which is just a fancy way of saying take off the cycling valve and its associated plumbing. You're as close as you will get to the turbo now as well so if you want to change it now is a good time.
There isn't anything internal to replace - basically unless you have a scored bore or need to renew bearings there is no internal stuff to do unless you want to go 2.8 (which involves engine out, sump off, replace crank, pistons and rods). 3.0 or bigger is a completely new engine.
When I had my gasket done before the last rebuild I had a cylinder head overhaul. You could replace the valve guides and if necessary the valves (££££), or you might get away with just lapping them back in. I had 3 angle seats as I recall. You could also port match the head to the inlet and possibly the exhaust manifolds. It's possible to replace the cam, I think with one from a 2.5 NA engine, but I'm not sure if anyone on here has done it yet or what changes it makes. Of course you could get the head flowed or replace it with a big valve head.
It all depends how deep your pockets are and what you want to achieve from the work.