Motorcycle Repair: 1998 Evo Upgrade, zero compression, question concerns

Question
Johnny:
I recently picked-up a 98 H-D Custom. It already has the Stage one kit installed and free flowing pipes. It also has the SE-11 cam.When I got it the engine did not run. There is zero compression in both cylinders. I have determined that the valves are bent. My question concerns upgrading this unit. I want the bike to be fast but also be able to run in traffic and in the city. Should I remove the head and just have the valves repaired or is ther some more I should do without loosing my back and forth to work ride ability? I can afford to spend about $1000.00 - $1200.00 on engine parts. Also I am able to do most of the work myself. Any suggestions would be appreciated.

Stu  

Answer
first the heads have got to be removed to change the valves. that could be around 500+ and installing new pistons and cylinders to go from 88 inch to 95 inch will be another 500+  so there is your 1000+ it will only make about 10 horse power more then the stock bore.  Johnny