Hello Erick,
First, try to determine the history of your engine. If it is over 100,000 miles and smoking you may wish to do the head reconditioning as a preventative measure. Most likely you will maintain the car better than the previous owner you should get many, many years of good use afterward.
If you are not sure about the history or the head has been reconditioned once already you may want to just try valve seals. There is a slim chance it may solve the problem or make it better.
You may not have any obvious signs of valve guide wear except for the smoke. Low compression or excessive oil consumption may be a symptom.
Replacing the valve seals is a bit of work for the amatuer with obvious dangers and pitfalls. Occassionally it will solve the problem or help it temporarily. If a valve seal has come loose you can view it resting higher than it's neighbors. Take a "torch" (flashlight) and view the seals inside the valve springs (make sure the cam lobe is upward.
Joe Alexander
Blacklick, Ohio