A face cut is the grinding or cutting of the valve face, depending on which system you are using. A seat cut is the grinding of the valve seat. Cutting is most often done with a Neway cutting system and grinding is done with a valve grinding (stone) system. The angle of the face is different than the angle of the seat. After they are both done, then lapping is done. In my opinion it makes no sense to lap valves if they are not cut first. Here is a manual that might help you with specs and procedures. https://docs.google.com/open?id=0B6NaqjIxWV1ycG8wd0s3Z2Q2X00