difference between china/new zealand EQ iron heads

Are speedmaster or promaxx heads a good budget cylinder head for the sbm?
Haven't used the Promaxx heads, so I couldn't give you a fair assessment.
I will say this, though- whatever you get, go through them or pay to have them checked over, have heard a lot of horror stories about heads of all brands coming through with inadequate clearances and/or poor casting/machining. I wouldn't run anything "out of the box" now.