I bought a cb750 head with new Honda guides already installed and one stuck valve. I replaced that guide but now need to hone it and possibly other ones to fit the new valves. No one around here seems to want to work on a 750 so I ordered a 5.5 mm kibblewhite hone which seems to be the one for use on our bikes.
I assume you simply hone it with light oil, clean it, check it, hone it, clean it, check it, until the valve fits cleanly, clean and make sure there is a spec'd minimum of side clearance. Sound correct?