James-
"Claying" the pistons means to get regular modelling clay from your local arts and crafts store, and laying a thin layer over the top of a piston. Then, install a head gasket and torque down the head. Rotate the crank through 4 revolutions, and pull the head. With a mike, measure the thickness of the clay at the thinnest point. To be safe, you want at least .100" thickness. This will tell you if your mods will work successfully without becoming a member of the Bent Valve Club.
Take care,
-Chris