That will improve the travel speed of the flame front, help reduce the formation of carbon buildup, and reflect more heat down into the combustion chamber while slightly reducing the temperature of the cylinder head. As for increasing the combustion gasses ability to flow to the exhaust port, no it won't really do that.
The pits left in the casting from the factory will accumulate carbon buildup and lead to hot spots which can cause pre-ignition; especially that large one near the edge, right in the middle of the squish band.