Just make sure that they are stainless steel one piece valves and you should be fine. 350 valves are already small and lighter than the 500 valves.
If you are concerned about valve control, get the improved valve spring kit.
Ace, thanks for your input. My bike is a 350 and some time ago I fitted a H’s stainless exhaust valve, rather than the original Indian factory one it came with (which was damaged, as was the valve seat).
I’m interested in the practical benefits of the complete competition valve kit that H’s sell, including bronze guides, valves with slimmer stems, springs with ally spring keepers etc.
The improved valve springs also offered (#VS420) are stated as not being the same as the type included in that kit. They might do the job for far less money, especially bearing in mind, as you say, that they are also recommended for the heavier 500 valves.