CNC-Dude:
Speaking of expensive (but certainly interesting) valve train parts, have you looked at the Schubeck Racing site and their "Roller-X" lifter? Pretty neat stuff! They have designed a new [mechanical] roller lifter that eliminates the traditional roller, axle, and needle bearings. Those components are replace by a solid roller (or wheel) that rides in a "wheel well" in the lifter body on a thin film of oil. This apparently eliminates the potential failure of the needle bearings, and so the lifter, and then the really bad stuff that happens shortly after that. I'm not sure if roller lifter failure is a big problem (it may well be - particularly in endurance racing applications) but any valve train failure can be very expensive and, at some level, is probably worth avoiding. The only problem is the cost - particularly for a new technology piece.
Somewhat off the topic but an interesting bit of related engineering.
Russ