170 tips for a budget!

Sorry, I don't agree. Bigger exhaust will do little to nothing for a stock engine, and be expensive for the small if any gain. Porting will help upper RPM, not much gain below 3,000 rpm. I do agree on the electronic dist with a recurve.
As for milling the head, why .050 for the 170, and .100 for a 225? That does not tell you what CR. Need to take measurments and determine how much to mill to get the desired CR. Milling the 170 .050 will really only gain a small amount of CR, as the first approx .020 will only make up for the difference in head gasket thickness, of the factory stamped steel gasket and the aftermarket composition gasket.
So Charlie you run the stock exhaust size on your 170? 1 7/8 or 2 inch? I agree with you im not a 170 guy, i just remember reading the 170 has the pistons higher to the deck so i would be carefull milling the head so much as .100 but you always got to measure everything then measure again to be safe im not a 170 guy. its already hard hot rodding a six banger and expensive and even harder when starting with the smaller platform displacement 170