The valve guide extractor is only non hardened mild steel so nothing special about the metal.
Do not be put off doing the job - If you are careful you can fit the valve guide without recourse to reaming the valve guide.
It is most important though that the valve seats are cut relative to the valve guide.
It is not expensive to get a machine shop to do the job relative to the improved engine performance and reduced oil consumption.
Here is a link to Oselli engineering services and they are at the top of the scale of charges so aim for charges that are lower.
http://www.oselli.com/service/engineeri ... nditioning.
If you fit the later valve guide (with the top hat seal) they are slightly longer than those fitted to the 948/1098cc engines - so fit one at a time using the adjacent valves guides to get the top of the guide at the right height. The extra protrusion into the inlet/exhaust tracts will not effect performance.
Over many years I have driven the old valve guides out and the new guides in without any trouble. Since obtaining a hydraulic press I now press them out and press them in using the original tool.
As bmc says use a suitable drill to ensure that any burring is removed.
Phil