I would be keying in on leaking exhaust system. Is it a center cylinder that bends the valve? I can't put my finger on why this would cause a bent valve, just seems like the description fits that problem. Hydrolock is a violent event. And water dripping on a hot exhaust valve can cause all sorts of odd problems. Have you pressure tested this side on the exhaust? I would also consider changing the valves to all manley servere duty 3/8" diameter, non necked one piece before going again. I have never been able to keep valves from failing with any other brand valve. And new springs to match the cam. That is what I would do...
BT