James your 26 is pretty close to what I had to start with and get it back on the road. I had no compression on cylinder one, stuck exhaust valve the other three where in the mid 50's.
My valve guides were with in spec and was able to get standard valves and adjustable push rods. My cam was toast and ordered a stipe 280. I had my pan inspection cover off so replacing the push rods and cam bearings was easy.
Nu-way makes a nice valve seat resurface tool, I had posted a thread on that on here. I have several Souix valve grinding machines and able to clean up the new valves to the size I needed.
The hole in the vaporizer plate is common, I went with an NH and the vaporizer is on the wall as a conversation piece. If you try and remove the exhaust pipe nut from the manifold you will probably break it (manifold) and/or the threads will usually be worn and washed out.
I love the sound of coils and for me the timer works well. Good luck and let us know how you make out. Keeping a T in the family for that long is special indeed.
Starting my T needed lots of new wiring and you can not have to many redundant grounds, frame/engine/body ect. Optima with 800 CCA turns it over nicely providing the bands are adjusted correctly....that is another chapter my friend.