Hi Gasser,
I also suggest the head be milled and the head gasket replaced. The motor will certainly gain power by milling the head, however the reason is more for duribility than speed. The problem is the amount of the head surface between the 2 large 10 MM bolts and the combustion chamber. The combustion chamber's side wall is tapered. Therefore as the head is milled the amount of contact area increases slightly. Some versions of the head have a combustion chamber design that is difficult to understand, but a Dremel tool can work wonders in reshaping the inside of the head.
A word of caution concerning the last run of NE5 centers around the cylinder and curing metal correctly. The problem is thread shear, appears the aluminum is too brittle and the head bolts pull out of the cylinder. So far it mostly effectes the 3 rear head bolts. The fix is to re-cure the cylinder prior to use. So far the advice of a metal expert has worked well, I simply bake the cylinder in the oven @ 325 degrees for 2 hours and let it cool down in the oven. I always paint the cylinders black in the process and the oven bakes on the cylinder paint in the process.
The easiest way to identify the problematic motor is by the aluminum manifold. If the motor has an aluminum manifold approx. 1" long it could be a motor that needs help, however I don't think all motors with the manifold are suspect.
Hope this information helps,