The tube is a nominal 27.4 only if it's a 0.6 gauge. At that time, most Konas had 0.7 gauge seat tubes, leaving a nominal 27.2. They used a 27.0 seat post, as you obviously can't get a 27.2 post into a 27.2 tube. The high-end frames did have a 0.6 seat tube, but Kona specified the same size post for all models, presumably as it would have cost them more to have bigger posts made just for the high-end frames. The consequence though is that the 27.0 post is quite slack in some cases, and a 27.2 will then fit nicely enough. My impression is that Kona seat tubes were always reamed.