Tim McMaster has a helpful Internet posting on his web site that addresses the cylinder head 'posting' issue. Click the Internet address below to view it. While Tim has put this on the Internet, my understanding is that the pictures are from Ted Eaton.
http://yblockguy.com/techtips/...When you look at the picture of the cylinder head, it indicates with dashed circles where the 'posts' are located. Using a flash light, look in the holes the white arrows point to and angle the light toward where the 'posts' are indicated to be. IF the posts are there, you can't miss them.
Even IF the heads are not posted, unless they're really badly pitted, .025 will probably clean them up satisfactorily for use. Your auto machine shop will be able to advise you on this. With the composite-type cylinder head gaskets, I can't imagine your having a sealing problem. The pitting in the cast iron (caused probably by out-of-doors condensation moisture eroding the metal) can be a source of pre-ignition IF the pitting is severe...
In working on this 'old stuff', your machine shop may be glad to hear how thick the pads were when Ford produced the heads.
Hope this helps.
NoShortcuts
a.k.a. Charlie Brown
near Syracuse, New York