Andrew,
Here's what I would suggest, you can take that with a grain of salt. Â Before jumping into this I would do a Leak Down test to try and determine a better diagnosis of your compression loss. Â Let me back-track a moment...
How did you perform the compression test? Â Warm engine? Â Carbs removed? Fully charged battery?
A Leak Down Test will tell you whether the rings, intake or exhaust valves are your problem. Â If you don't have a tester - you may ask around for help nearby from someone who has the equipment.
But to answer your question I see no need to do a partial valve job if in fact you need a valve job. Â If you're going to go in - I would replace valves, seat, springs, guides and keepers. I would assume you're going to farm this work out to a reputable shop who is knowledgeable for this particular work. Â My experience is with Tom Cutter or Ted Porter. Â There are others out there but I have no direct personal experience with anyone other than Ted or Tom. Â If so I would contact the person you choose to do the work and get specifics from them regarding shipping and ordering of parts. Valve seat replacemnent and head work is a specialized job requiring knowledge I don't have. I'm unaware of your skill set but if you aren't versed in this work I would recommend finding someone who is. I normally like to send out the entire top end, including pistons, rings, cylinders and heads well marked in their original order "Left" and "Right". Â This is not the cheap way by any means, while you can expect a total top end job to run in the neighborhood of $1k depending on what you have done.
But before taking the jump and getting into "mission creep" I think a Leak Down Test would answer a lot of your questions and lead you to any current problem.
Just my opinion. Â Let us know how things go.
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