UPDATE (It's been awhile)...
Ended up getting a used head off of a 1993 318 from Wirthman Bros on the east side of Columbus back in the beginning of August for $175 (they wanted $250 with cams, but let it slip that they've had it since 2012. I asked if they really wanted to still hold onto a 4-cylinder head any longer??
) - very happy I found one local as shipping would've been a bish.
Mike @ M&M Head in Delaware has been swamped, so I took the used head to NAPA where they proceeded to clean, machine, swap out worn valve guides, do a valve job, and reseal the valves (plus R&R of the cams!) for $450. I wouldn't take a high-performance, custom application to them, but they did well with a stock-replacement head job.
I took my time getting the head back on and intake/exhaust buttoned up, but it runs smoooooooth. Very happy with the outcome - - - - - with one exception...
The f***ing gatdammm COOLANT CROSSOVER PIPE cracked when I was connecting a hose to it. Apparently it's a thermal plastic, $9 pipe that degrades over time. I bought a new pipe and fixing it shouldn't be an issue...except that I gotta remove the 2pc intake manifold in the process!
Still...very happy. Look forward to finally getting this thing back on the road!