There isn't much room for error with the compression they run. The valve contact isn't much of an issue anyway worst case scenario is a couple of valves which can still be got and if unlucky it may have cracked the guides also pennys and would need to be changed while refurbing the head on a motor with that many miles anyway.
Would say all in all looks pretty good. 2 litre crank and rods. Full bearing set, Full gasket set, head bolts, new oil pump, water pump, valve guides, chain and guides, get the pistons cut down a little and the notch cut out of them and get the head overhauled and re-shimmed.
Oh yeah and all new coolant hoses for the back of the block!