A clicker-type torque wrench is going to be way better than a beam.
I've had apart a couple high-mileage LQ1s and as Schurkey has said, you'll probably find the valves need work.
I would also second replacing the oil pump drive gasket whether it needs it or not since it's only accessible with the head off.
You mentioned you know it needs valve stem seals. I bet if you look closely at the heads when they're off, you will find some valve guides have sunk into the ports, particularly the exhaust ones, which get much hotter than the intake. It's a big problem on the LQ1. It gets diagnosed as bad valve stem seals, but in reality the problem is the seals are just riding up and down with the valve since they aren't affixed (or aren't affixed well) to the guide. Any sunken guides will need replaced. When apart, I have always put snap rings all my guides, whether they're new or reused ones, before assembling so that they will never sink down into the head. You'll need a special tool to cut the groove in the guides for the snap ring, but a cylinder head machine shop should be able to do that for you.
The bottom end of an LQ1 is stout they they last a long time with maintenance. My DD 96 Z34 is up 230k and runs great.