You can re-use ARP studs or bolts...use the ARP spec for the hardware...81 ft/lbs for studs, 75 ft/lbs (aluminum head spec) for bolts...both specs assume using moly for lube. These torque specs apply to both MHG's and stock type composite gaskets. APR recommends a 5 pass loosening/tightening cycle using the TRSM pattern for the most accurate torque reading. Torque to final spec using multiple passes. Do a re-torque after at least 5 heat cycles when using new ARP hardware. You can use a spray sealer if you wish on a composite HG or a used MHG as long as all the old viton seal is removed...never use a sealer on a new MHG.
Once the engine has been heat cycled, I would not change the stock bolts to ARP without changing the HG. Too easy to compromise the seal on either a composite HG or MHG once you loosen the bolts. Just make sure the torque is at 75 ft/lbs on the stock bolts.
While I don't advocate this, the stock head bolts have been re-used many times by many people...the Toyota bolts are excellent quality. Don't torque over 75 ft/lbs. Personally, I would go with the ARP hardware too