As you stated, it all depends on what you expect. My '77 F100 will be a daily driver and will never be expected to deliver the HP that my Ranger does.
I'll gain at the very least 25HP. I'm raising the compression by almost a full point and they have much bigger valves.
It will never see a dyno, but ask any engine builder that is familar with the swap and I'll asure you he will agree with me.
Btw, the 3 angle valve job is standard procedure and has been for years on any head rebuild.
The benefits or lack thereof have been argued about for several generations.
As with any proposed upgrades one must first state a budget. Then determine what your goals are. Only after those factors are addressed can one determine the modifications.
I just picked up copper header gaskets on Ebay for $15 delivered....He! He!
My F100 is getting about 50 HP on a budget that includes EFI, Mustang headers and the heads. Within my budget and the HP gain is secondary to drivability and fuel milage.
