On the Cobra forum you posted about the engine being smokey, as you are now enquiring about heads as you think that it's the valve seals that have gone?
When I fitted V8 development stage III heads to my 3.5 lump I did notice a drop in the performance at the bottom end of the rev range. In the end I got fed up with having to rev the nuts off the engine so built a 4.6 using the same heads. (Pulls top from 1300 RPM now!)
The problem is that everything has to be in balance, the valves in the stage III heads were possibly slightly on the large size for a 3.5 lump but are not too large for a 4.6 lump. Having large valves means that the gas speed at low RPM is slow, the ram effect is therefore reduced along with some other issues. (Fuel drop out ect).
Rover/Buick/GM picked the valve sizes to suit a 3.5 ROAD car so they won't be far off what's needed. (Just a bit small to makesure of good mid range) Over time the engine got bigger but the valves did not so effectively they got slightly too small for the bigger engines. (Good low down torque but not alot of revs). (I think the size went up once from the P6 to the SD1 lump but I'm not sure)
The shape of the valves changed a bit and the stems got wasted but this is just Rover pissing about really!
I'm not trying to put you off going to gas flowed heads but just don't go too mad on a small capacity engine.
In fact knowing what I now know, I would do it myself and save a shed load of money. 80% of the work that is needed is just behind the valve seat, there is a huge lump where the seat "blends" badly into the track. With the valves out you could clean this up with a dremmel and some tungsten burrs. You could then get the seats done as a three cut job.
(You need GOOD burrs, not bits of sandstone stuck on a stick!)
Finally you can get the heads skimmed to get the CR up to 10:1 whilst using comp gaskets. (You can ditch the dodgy outer head bolts that are fitted to your engine at the same time!

)
Des Hammills book has some full scale drawings of the tracks in the heads, you can see what needs to be removed from them.
A total guess would be 25-35 BHP more, even with a home port for maybe 2 days work. (plus bragging rights down the Pub!)
All of the above is just my "humble" obviously!
Pete