I've been jacking with these old Chevys for 45+yrs, and here is the conclusion from my personal observations.
On OLDER engines, which have heads that DO NOT have hardened exhaust seats (intake seats are a non-issue), valve seat recession and valve head wear CAN occur with the use of UNleaded gasoline.
When the introduction of unleaded gas began, and leaded gas started going away, there was a BIG DEAL made of excessive valve/valve seat deterioration. EVERYONE jumped on the band wagon to sell lead additives and/or machine shops heavily promoted installing hardened valve seats in older heads. I have had hardened exhaust seats installed in MANY heads since.

Should this have been done????????????? Good question! The answer is DIRECTLY related to the use and severity of loading placed on each individual engine. If, in the case of special interest, classic, low usage and antique cars, as a result of my experience with engines in many of these types of cars, these cars are not typically used as extended use and high loading on the engines, it is not prudent to have hardened exhaust seats added to older heads (Whew, that was a long sentence!). Neither is it of significant benefit to add a lead additive to the fuel system.
I believe that in the beginning, it was genuinely thought that unleaded gas in the older engines would eventually become detrimental to the valves/valve seats. But, over many years------------------ESPECIALLY IN THE OLDER, LOW USEAGE CARS-----------------this just hasn't been a significant, if any at all, problem. I have one car, with a 350 engine that I built 31yrs ago and have NEVER pulled a head, which I drive EVERYDAY to work, 45mi roundtrip, that is still running great with zero indication of significant valve leakage (the heads are 66 versions and no hard seats)! Because of the initial concern about valve recession in the early 70s, which convinced most people that some kind of remedy (installing hard seats or adding a lead substitute) was needed, this concern has been unnecessarly propogated by those who profit from the original concerns (lead additive sellers and machine shops). What I am doing now when rebuilding an engine is simply buying/installing stainless valves for the heads along with a good rebuild of the heads.
Sooooooooooooooooo, bottom line, on low useage engines, such as in MOST of our Chevelles, when you do an engine rebuild, just have a good rebuild of the heads done and install stainless valves and go on down the road.
Below, I have copied and pasted a portion of the link posted above. I think it is 100% on the money!
Passenger Cars and Light-Duty Trucks:
Based on an extensive survey of the published literature, fleet operators, engine rebuilders, and manufacturers, we conclude that all typical passenger car and light-duty truck engines (representing 94% of U.S. gasoline consumption) are safe from valve recession when operated on unleaded gasoline. They are either equipped with induction hardened valve seats or subjected to service too mild to cause problems. The problem can only occur in older engines when operating under sustained high speeds and loads.
Vintage Vehicles:
Antique cars are typically exposed to such light service that they are not expected to have any valve seat problems. In fact, they stand to benefit overall from a reduction in exhaust system corrosion and oil contamination.