The consensus among Buick engine builders/testers is that for anything short of a full-race drag engine, basic porting is good, polishing is bad.
Porting meaning basic stuff - cleaning up casting lines, the bowl area, reducing the enormous valve guide boss, making sure the port floor makes a nice smooth curving transition, and blending the valve cuts. Leave the intake walls rough and the exhaust reasonably smooth (100-120 grit).
Polishing anything but the exhaust side is seen as a waste of time/money, unless you're building a 7000-rpm screamer. Then you go nuts reshaping and polishing while your wallet gets significantly lighter.
In my limited street-engine-only experience, there's a really steep return-on-investment curve...basic port and bowl cleanup will make a real difference, but beyond that the gains go down pretty fast while the cost goes up as fast or faster.
Key areas to look at:
#1 is where the intake floor transitions down to the valve, it needs to be a nice smooth curve without bumps or lips to spoil flow. Most times you can lay this short side back and it'll help (but be careful you don't hit water)
#2 is the valve guide boss, most of these are enormous, and right in the middle of the way (especially on the exhaust side).
#3 is the bowl area where the valve seat cuts are. Make sure there's a smooth transition.
#4 Make sure the entrance to the intake ports aren't bigger than the intake manifold exits (not a problem on Ford integrated-manifold heads), and make sure that the exhaust manifold/heater passages aren't smaller than the heads exhaust passages. From carb to tailpipe everything can get bigger or stay equal, but not smaller.