I wouldn't worry too much about it. A 0.020" increase in recession (assuming it's that much for every valve) drops the CR about 0.7 - 21.5 to 20.7 according to my math. There's some estimation in that, but bottom line is not a huge difference and will actually be a bit better for turboing. Probably has some impact on airflow and combustion propagation, but again no significant difference. Maybe a slight bit harder to cold start, but pretty minimal.
What manual are you using? My manuals (IH 7.3 & Ford 6.9) have 0.042-0.054 intake & 0.051-0.063 exhaust.
Only the exhausts have inserts, intake are direct machined (at least per my book, I'm can't say it's true of all 7.3s).
I personally would have a machine shop do seats - too easy to mess up without a good head machine, and if one comes loose because the bore/interference is slightly off it's going to blow up the engine. If I had to do them I'd try welding a bead on the inside of the seats (be very careful to not hit the head itself) and shrink them out that way.
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