I'd still do that collapsed lifter check, I don't build a head on one of these engines without doing it unless all known working together parts going right back in. That one thing lost plenty of engines back in the day. Best friend worked at a machine shop that got blamed for 'faulty work' every time somebody failed a cam after not checking, it happened all the time.
What year? You wanna make d-mn sure the head has induction hardened exhaust seats, and may still show wear on exhausts early since that was done only to run with low lead, with zero lead now the exhaust seats will go right back to wearing more especially if ethanol added. With zero induction heat treat and zero lead fuel mine only went about 12-15K miles before brand new exhaust valves were DEAD, no way were you gonna grind them back into shape, nothing left to grind. '74 model, the year right before Ford began to do it.