Chris:
If you are going to try to deck your cylinder, and assuming you don't have access to a mill, you can try the sandpaper method. These are the grits that I used for mine:
120 grit
300/400 grit
600 grit
1200 grit
Get large pieces. Next I taped the 120 piece to a piece of glass and set it on a flat table. Holding the head upside down, I placed it flat on the first piece of sandpaper and slowly and evenly started to sand in a figure 8 configuration. After making about 10 figure 8's, I rotated the head in my hand 45 degrees and did 10 more figure 8's, I did the same for each side. Then I switched to the lighter grit and did the same, then switched to the lighter grid, did the same until I finished all the grits ending with the 1200 grit. Then cleaned the top of the cylinder off of any shavings and put it back on with the head and gasket and did another test. I then removed it and sanded more off using the same method as described above until I got my squish to 0.03". After I did this I noticed about a 3-6 mph increase in top speed and better low end.