Basil, all good advise above. I can give you my experience on the TR 4 cylinder heads and you can take something away with that. Open the intake and exhaust to match the gasket, polished the exhaust on the value side along with the gasket side, leave the intake alone, as roughness helps in the tumble effect of gases into the combustion chamber. The area in the combustion chamber received very little work, but one important factor was around the spark plug area, round out the squared off area to enable the spark to spread out better. I took .100 off the head, being a bit safe, I think the book says .125. When finished I had a smooth and very quick engine, that was with all standard carbs and cam. That was the wife's car, on mine I did the same thing, EXCEPT, 2 inch SU's, Isky .428 lift cam, and value springs. Ran rough at idle, but after 2800 RPM's, hang on. I would not recommend this for street or cruising.
Wayne