Last winter I had a high idle issue pop up, and my sled was just generally not running quite right. Ended up in catastrophe, but one of the things I noticed after that was my exhaust valve looked like it was just starting to kiss the piston. Upon further inspection, yes it was definitely just starting to touch the piston. The shoulder on the valve that stops it from dropping too far into the cylinder was rounding off. Anyway, it never did break, and will not be run again. I just ordered two new SS valves (already have updated bellows and correct light weight springs). Here's a pic of the valve, surely just before failure.
Edit: those pictures suck. especially the right one.
Edit: those pictures suck. especially the right one.