I'm mulling over the idea of prepping the head for the push-button compression release before bringing the head to the shop. Here's a picture of the bottom side.
Next, a close-up of the combustion chamber with a green X added to show the proposed location for the compression release.
My plan would be to drill from the inside at the marked location, parallel to the spark plug hole using a bit with a small diameter, perhaps on the order of 1mm. Once a through hole has been established, I would then drill from the outside with a larger diameter to accommodate an M10 x 1.0 tap for the compression release. The larger hole would only be deep enough for the tap. The threaded section on the compression release is about 13mm in length. Here are a couple of pictures of the mechanism itself, in the open state.