Since it's a general questions thread, nothing is off-topic.
High compression is great... but sometimes it's a pain in the butt... unless you have fuel and ignition tuning, a high-compression set-up will usually require the use of high-octane fuel... and given the load-to-load and station-to-station variance of fuel quality, it's quite possible to damage your engine by feeding it a bad batch of gas.
The tiny bump from milling down the head for an overhaul isn't a cause for concern, though.
Personally, I'd go for a good port and polish, as well as some performance bumpsticks, if they're available for that motor...