Those marks look like tool created...not overheating. Losing oil to the top end causes all kinds of damage (I just found this out on my vintage race bike unfortunately) but not that kind of damage. Overheating isn't good for any engine, but again...don't think it would cause that kind of damage.
Something that came from the thread I linked to above seems plausible...here's what Twomany noted: "That sure looks like a history of intake valve float. Possibly from over-reving, followed by piston smack into valve, then bent valve stem, then piston beating the bent valve head against the outer edge of the combustion chamber"
If that's in fact what happened...my guess is it happened before you took over ownership..or you would have been dealing with much more than a blown head gasket.
Something that came from the thread I linked to above seems plausible...here's what Twomany noted: "That sure looks like a history of intake valve float. Possibly from over-reving, followed by piston smack into valve, then bent valve stem, then piston beating the bent valve head against the outer edge of the combustion chamber"
If that's in fact what happened...my guess is it happened before you took over ownership..or you would have been dealing with much more than a blown head gasket.