phs1 will fit yes, and it does flow significantly more on the exhaust port, but you have to quantifiy if its needed or not. Bulk flow rates mean very very little in the grand scheme of things.
AS for bigger valves, just because they are bigger again doesnt mean more flow. In the F4R you have issues primarily due to bore size and valve inclanation. If you go 1mm oversize, in the standard chamber and port you'll just end up loosing 'flow', but more importantly you'll affect quality. If you go 0.5mm oversize, then there is just no point for the cost outlay as its such an insignificant increase on a non optimised port.