How much you can mill the head depends on a couple factors. If you plan to run the car on the street, on pump gas... HIGH TEST 92+ octane (combined R&M).. then you really don't want to get the compression much above 9.0 or 9.5:1 (leaves a little margin for error or future milling if needed).
You would have the larger 280Z valves installed and un-shrouded and that would increase the total cc's of the combustion chambers... Mild porting and port matching is cost effective.. extensive polishing doesn't buy much for a street engine... At any rate once the valves are changed.. the machine shop can measure the combustion chamber volume.. and from there you can calculate how much can be milled.
Of course before you spend any money on any of this - you want a good machine shop to check the head for cracks (especially around the exhaust valves).
Most heads that have been off the engine for a while will have a slight warp when measured.. many machine shops will mill the head to make it flat again.. some very good head shops will heat the head and bolt it down to a block to take the warp out...
At any rate, for a street engine, I wouldn't mill the head any more than necessary.
FWIW,
Carl
Carl Beck
Clearwater, FL USA
http://ZHome.com
beck@becksystems.com
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