Hardened valve seats - do they really matter?

I had an owner of a '71 440HP tell me that for his use, hardened seats weren't warranted. He doesn't run it hard at all, mostly driving to/from swap meets. Imagine his surprise when he finally cracked open the engine to find all eight exhaust valves recessed nearly .100" into the heads. If the head's off, I'm putting hardened seats in it regardless.
Well aren't you special...:lol: