Depending on a number of factors I would suggest just shoving the pistons back in and installing the new pads.
Our differences is what makes the world go around

The only factor I'd consider is: are the pistons skank? After rebuilding my caliper,
the next time I wore out a set of pads, the pistons were as grungy as all get-out again.
I just can't relate to mashing all that stuff back in there an calling it good.
I've had seals on hand and replaced ones that seemed fine, but I didn't reuse them after I
pulled them out, especially since I had new ones (cheap and not back-ordered)... Stanley Steamer's
seals were baked, I'm glad we had new ones there... you never know...
I've had pistons that were so gunked up I had to go down to the Napa store and get the
guy in the back to blow them out with his giant air compressor, mine wouldn't do it....
-Mike