Paul, the factory never installed hardened exhaust seat insert (you don't need harden intake seats) they did in the final years do a mickey mouse hardneing procedure, a feeble effort by a comapny quickly going broke. When I rebuild heads, race heads (to be run on leaded race gas) or street head for unleaded fuel, it doens't matter they all get hardened exhasut seat inserts, otherwise regardless of how they look, they don't keep valve seal very long with out the hard seat inserts.
NO matter what goodies you have on your engine, or how well it is put together, if it is not sealng at the valve and rings, the horsepower is slipping away, this is whay racers are always pulling heads and lapping valve, they are trying to get every last poney.
Make sense now?