I wire wheeled the hell out of mine, then had them coated in a thermal barrier coating from Cerakote (just the faces). Then the machine shop cut the valves and seats. It worked out really well so far.
Lostboy - CeraKote isn't billed as a thermal barrier, it's a durability and friction reducing layer. Perhaps you meant Cermet as a thermal
reflective coating on the valve bottoms, or CeraKote for the stems and faces?
Cermet is also used on the domes of pistons to reflect the combustion heat back towards the combusted portion of the chamber.
I'd think CeraKote would be a proper treatment for the valve faces prior to or post bead blasting to restore the durability and friction properties.