I was told by someone that Valvemaster fluid accually damages the valves after time. Is this true? Could somebody sudgest an alternative?

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Valvemaster and flashlube have been discussed here....do a search...I think the concensus is that Flashlube is good....valvemaster is something else

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"Show me the Mini!"

Flashlube is the way to go. As 9y said, do a search, there is alot of info on lead replacement additives.

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Flashlube works out cheaper. 1mL = 1L of fuel, so 1L does 1,000L and costs around $16. That's peanuts. Extra 1.6c/L. And it works.
It won't crap your plugs etc up like Valvemaster does either.
Available from Repco, AutoPro, AutoOne etc.

ps. the cap on the 1L bottle is 7.5mL, so I use a capful for every 7 or 8L of fuel.

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DrMini- 1970 wasaMatic 1360, Mk1S crank, 86.6HP (ATW) =~125 @ crank, 45 Dellorto (38 chokes), RE282 sprint cam, 1.5 rockers, 11.0:1 C/R.

While we're on the subject, after converting for unleaded is it still a good idea to use flashlube every now and then or is there no need at all?

its an upper cylinder lubricant etc....it should benefit just about any four cycle engine....

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"Show me the Mini!"