Before you start, you need to understand a few things. First, this will lower engine compression slightly as you are removing material from the chambers. It is almost an insignificant amount on the order of less than a cubic centimeter (cc), but it is something to consider. Next, you need to be very careful when polishing next to the valve seats. If possible, you should polish the chambers before having the seats re-cut. In this DIY, the head already had a 3-angle valve job, so I had to be less aggressive than I usually would be.
Finally, you may want to measure chamber volume. The easiest way to do this is with a piece of glass with a hole in it. The glass will prevent measurement errors caused by the water level meniscus. Start by installing an old spark plus finger tight. Then lay back in the 4 valves. If the engine is in good shape, the valves should be water tight. If not, you will definitely need to re-cut the valve seats. Using a piece of glass larger than your chamber, fill the chambers with water from a pipette through the hole in the glass. Be sure you keep track of how much water you fill the chamber with. This will give you your pre-porting volume. Repeat this step for each cylinder using the same spark plug.