IMO all you really need to do is go over the piston with a scotch brite pad. Sandpaper is a bit overkill. If you had crap like the old CP pistons, which have uncut releif edges which are prone to getting red-hot, you'll want to grind material.
Hot spots are projections that have lots of surface area but a small contact patch with the base metal. When it can't wick the heat away fast enough, it keeps getting hotter. And by hot we're talking well over 536F, autoignition for gasoline. The piston is dumping heat into the cylinder walls & oil, which are cooled with 200-240F fluids. The arrow & bumples wouldn't get very hot, since it has almost as much contact with the piston as it does with the air.