Within minutes, I can tell how good a mechanic is on these small engines of walking into a shop. Believe it or not, many shops don’t know what they are doing! I’ve done small engines for 35 years. I was in it from the old school of points and condensers and that 2 strokes always used reed valves. My instructor back then in college stated “ if you don’t know the secrets of the engine, you will never fix it” and he was right! The valves are the most important thing, but are always over looked. As you own a shop, the next time that you get a smoker engine or one that runs with a surge, take the valves out and have a look. I agree with you in using a wire brush on the cylinder head to clean them up, but the valves, I use emery cloth. I have not used valve lapping compound in over 25 years as I got that good at doing valves.
I'm sure it works fine for you and like I said, cleaning up deposits and other crap like that and the carbon buildup probably far outweighs any slight variation of the margin and the sealing surface from the angles being a little off or not quite as crisp .
However, I think we can both agree that on a brand new perfectly manufactured valve and seat or a freshly ground valve and seat, you wouldn't be doing it any benefits by scratching on it or touching it with emery cloth or a wire brush or anything other than maybe a shop cloth.
But since we don't get many of these, anything that you can find that makes stuff work out better is a plus.
I would say most people don't use lapping compound because like I said in the earlier post the valves aren't that really big of an issue because the engines are so forgiving that good enough works out okay and that's what most of the valves do is seal up good enough.
After you clean them up with the emery cloth you would probably get an even better seal if you then lapped them but again, they're already plenty clean enough to seal up properly so it runs like it should and you've cleaned off the carbon deposits and stuff so they're sealing better then when you started.
I don't use lapping compound over two or three times a season in fact the kit I have now of the two small tubes is just about empty especially on my fine since I have used that multiple times to polish out some carburetor seats when I didn't have or couldn't get a replacement like on some of the Kawasakis that aren't removable or at least aren't available as a replacement.. that kit is just about empty and I purchased it in 2011 so I obviously don't do very many because those tubes are small.
Same size tubes as the small tubes of JB weld.
I certainly don't think you could harm an old already used valve and seat my by lapping it some but I don't think it is the cure-all or as necessary as some people make it out to be.
In the old days it was a requirement after the valves were ground and automotive heads but sometime in the mid to late '80s or some are very close to that the machines were much better and they stop doing that time consuming process because it just wasn't necessary also.
You will still hear old guys talk about how you have to do it and it's a must but I beg to differ....
Personal experience says otherwise just like you with using your finger and a piece of crocus cloth soaked in gasoline to clean up your valve surfaces.
Many would say that's a big No-No but your experience having great results doing it proves otherwise.
When it works...keep on doing it.
When it ain't broke......