Kurt, I build a dozen or so LBC street engines a year, and most block deck check straight, and don't get decked on street engines, and never give a problem. The main reason we deck the blocks on the race engine is to get them to shorter deck height to increase compression ratio.
I don't know about the seasoned part deal, we build race engines sometimes with brand new billet cranks, new Carrillo/Pauter rods, the way I see it when you build any engine, you measure, remeasure and then measure again. So for me, it not about doing machine for the heck of it, it about making sure every clearence/surface is dictated and checked to be sure thats what it is.
The deal with our blocks is they are very high quality, MG block have some of the highest nickel content of any block made.
The deal for me is to blueprint every engine regardless if it's stock street engine or a full out race motor, I probably have $5000 worth of measuring tools to do this with, just my Sunnen rod gauge was almost $2000 by itself, but it was necessary item for me to have. My background was building race engines, street engines came along as byproduct of that, and I use the same blueprinting methods I do for the street engines as I do for the race engines.