Ok, you've awakened the numbers nerd in me (give me a break, I'm an accountant). Check my math:
Single cylinder dsplacement: 597.23ccCombustion chamber volume for 8.6:1 compression: 78.58cc (includes head gasket volume and piston dish volume)Proof - (597.23+78.58)/78.58 = 8.600
Assuming combustion chamber diameter of 89mm at head/block junction, shaving 1mm (.0394") from head reduces combustion chamber volume 6.221cc's, resulting in new compression ratio of 9.25:1.Proof - (597.23+78.58-6.22)/(78.58-6.22) = 9.254
Of course, if the chamber diameter is smaller than 89mm at the head/block junction, the compression ratio increase will be less.
Using the same calculations, if you also throw in a set of .040 over flat-top pistons (9.1:1 compression) to replace the originals, that same 1mm of head shaving will bump the compression up to 9.83:1
Please correct me if I've missed something (like I have to ask

)