Well I took everyone's advise and lapped the valves, and then prussian blued them to check. They weren't terrible to begin with, but they're much better now.
The cylinder block went on with out too much trouble with some helpful tips found on the forum: did 2 cylinders at a time and didn't use any ring compressors. Not bad at all, just took a little patience.
So now for the question: everything's assembled and torqued, tappets are adjusted. I was going to do a leak down test but didn't have a tester or the parts and didn't feel like running out so I decided just to do a compression test. I wanted to do this all before the bike was fired up and all the gaskets "became one with" all the metal parts, just in case I had to tear it back down. Here are my results, what does everyone think? 99% sure it doesn't matter but just in case I'll mention that I did this with the carbs and exhaust off (shouldn't make a difference). And again the engine has not been run at all since I had it apart, just cranked over a few times, and I did have a thin coat of oil on the cylinder walls when assembling.
1: 135 psi
2: 132.5 psi
3: 127.5 psi
4: 140 psi
That makes the largest difference between cylinders 9% or 10% (depending on how you calculate it) which is right at the max discrepancy my Clymers manual recommends. Are these results even meaningful at this point? Should I perform a leakdown test?
When I added some oil into cylinder 3 the reading jumped WAY up to 230psi