Having got the head and valves fairly clean it was time to check the fit again, without a micrometer all you can go by is feel because standard calipers, even the digital powered kind, do not give an accurate enough reading.
Valve have a less than ideal direction of travel with a certain amount of rocking induced so the wear is not the same along the stem.
First things first check the margin or how much of the valve head is left below the contact ring, if there is less than the manual states then it is insane to reuse it. Certain things you can be a little loose about but not that, history has taught me that bits of valve head do not do bores any good at all and they do it very quickly.
Testing fit is not rocket science but it does have to be thorough. Fit each valve in its respective guide the right way round and then with the valve at greatest travel, so that the stem is level with the top of the guide apply effort to and fro while turning the valve betweem pushes, slowly allow the valve to move back towards fully closed. ANY clicking means the valve should not be reused unless it is ok in a new lubricated guide.
With any wear on the valve there will be positions which allow slight movement which can be felt but not seen the rest depends on your pocket.
The human body is a marvelous thing and you can detect tiny movements which would be hard to measure but if you detect more rocking at certain valve heights than others you are detecting wear and need to accurately measure the stem at several points before reusing; a reasonable micrometer or dial gauge is cheaper than a set of valves.
If you are rebuilding an engine that ran fine without a noisy top end I don't usually replace valves or guides but if it was noisy take the head and valves for checking, it could just be a worn timing chain that you were hearing but it could have been worn guides, poor lubrication will often wear guides before valves see any appreciable wear.
A valve with some detectable rock which measures within limits means valve guide replacement.
If on the other hand you are paying good money to build the best engine you can and which you expect to be trouble free for years it is foolish to reuse valves and guides without measuring with professional equipment.
Being a fool myself I have, of course done this when broke, sometimes being broke coincides with rebuilding XS engines as there is no limit to the spend and I was young.
Anyway mine seem OK but I have never heard it running so I am still going to buy a micrometer set because I can't find the one I had and they are really useful things.
I did find some basic porting advice on the site which can be summarised as clean the inlets and exhausts and then grind off any roughness and casting marks, for early heads there is apparently a small ridge in the exhaust valve pocket which should also be carefully ground away without taking too much metal.
There is more information than I think I need regarding the finer details of porting for performance engines, check out posts by Jack for more on this point.
Finishing ports appears contentious with the polishers against the no boundary layer guys but I will content myself with looking for a reasonably smooth surface on the exhaust ports, remember they will be coated with smooth hard carbon quite quickly so I go for no lumps or bumps that I can feel and do a light polish on the inlets.
For those looking for power minimising the projection of the valve guides into the ports seems popular but I have no experience with this and worry about the wear rate so I am not going that radical as my ambition is simply to run at highway/ motorway speeds without too much vibration. This means torque and not power so I will be putting 3" stubs into the exhaust ports for comparison testing.
This post is rather longer than I intended but I didn't want to give anybody a wrong and damaging idea about reusing valves and guides.
I am going to try rubber impregnated dremel type bits which are recommend by several forum users for the purpose.
Oh no pictures, so ashamed !
The clamp is to both protect the cable and to prevent divebombing dermels, jelly jars are useful for storing individual valves springs collets etc. but don't forget to mark the jars and the lids.