Stormin, is there anything to be had angle milling the head slightly? Cutting a little more material off on the exhaust side of the head gasket sealing surface should put the intake valve at a slightly more vertical angle, to the cylinder. Maybe help the intake flow a little?
Not really if there would be gains they would be very very minute and IMO it wouldn't merit all the headaches the would come along with the angle milling. The better route would be just straight mill the head. More compression (to an extent) builds more hp. The problem with this conception is more times than not a larger dome is placed to build that compression. With larger domes comes come cons. Larger domes weigh more plus larger domes are not as efficient as say a flat top or dished piston. The large dome effect flame propaganda which then gives you hot spot and uncombusted areas of the charge. The ideal route but not always easy to achieve with this mini hemi style combustion chamber is flat top and deck head til a good compression ratio is achieved.
Being your a machinist here are some thoughts that may give you more punch and all it will cost you is some wear n tear on tooling and a little bit of your time. Put the ole gal in a diet and start shedding rotating mass via flywheel and crank. I don't have any pics on hand of a 50/70 flywheel and and crank but here are some pics of a klx I recently did.
Most guys companies lighten flywheels like this
they will turn diameter down and each side of the pick up.
What I do and sheds off even more weight is turn od like seen above then jig flywheel up rotary table and machine the center step where the pick is just leaving the pick up behind like so
Actually found some 50/70 flywheel pics of before and after lightening I did. I could of been a little more aggressive with this one but 10oz isn't to shabby.
here is a the virgin flywheel
and here's after lightening work. With the 50/70 flywheel I not only will reduce the diameter but I'll go in and face the front and the center ring where puller goes I'll reduce its diameter and face that as well for even more weight shedding. I did it a little bit to this one but could of went even more.
Moving on....if your comfortable with pressing cranks apart, pressing back together and truing. You can shed a fair amount of weight off the crank. The ultimate weight reduction is to reduce diameter of crank cheeks then pork chop them like so
again this isn't 50/70 application but concept is the same. Crank cheeks started off round as seen here. I then reduced diameter and pork chopped and it then looks like this
Usually about now I get the well what about balancing. Well that has been a hot topic every time this gets brought up. I refuse to get in any more pissing contest over it so I will simply state where I stand on the subject, why, and say I have done many many many cranks and only balanced 1 and that one I sent out to be done by a big time crank company to prove my point to my buddies. all my personal engines has some degree of crank lightening done as well as all my good buddies I ride with and if you live close to new castle pa you are more than welcome to throw a leg over my bike and tell me you can tell it hasn't been balanced.
So where do I stand on the balancing subject and why. IMO spending all that time balancing is worth the very VERY small difference yielded from all the work. On multi cylinder engines say a small block V8 yes by all means balancing makes sense and is worth the hassle of balancing. On a single cylinder engine there will ALWAYS be a degree of vibration due to the lack of counter weight. With the bigger singles like the 250/450's they have counterbalancers which help but it is still there. As long as you get run out good you won't notice the difference. I once proved this point amongst buddies. I built 2 identical 50 engines and chassis only difference between the 2 (1) crank I just trued up run out the other I sent off for to be balanced. I didn't tell any of them I did this so feedback wouldn't be tainted. Upon getting crank back I assembled both engines and let the fun begin. We spent the day letting all of them throw a leg over each one. At the end of the day I then asked them some questions about which one felt like it had more engine vibration etc... Long story short not 1 single guy out of 8 could tell the difference. And this is why my opinion is so strong on the matter of balancing a single cylinder crank.