I think (don't really know) alloy steel valves and hardened seat were pioneered by the aircraft industry and appeared in cars by the 1950's. So really lead wasn't needed to extend the life of valves after that. Also my experience with some shitty 1960's cars was the valve guides would wear out before the seats. Compression is fine but engine burns oil and fouls the plugs. You could see it with older cars when going downhill, they'd be blowing oil smoke.