Hey guys, It seems that time and time again I see people (including myself) posting up questions looking for difference between the OBD-1 Pr4 head and OBD-2 P75 head. I have a couple of each laying around, and decided to take a quick looksy.
As we all know, the b18a/b/b20 heads can be switched out with no modifications necessary. This is with the exception of the p8r head, but Im not including that.
On with what I found,
First thing I looked at was inside the valvetrain casting in the head. Overall everything is the same. The only difference I can see is that the p75 head has a 4th oil return to the pan, while the pr4 has more of a vent hole.
Pr4 on the right, p75 left

Picture of the p75 oil return

Pr4 oil return Vent

The next thing I did was take a quick measure of the intake and exhaust ports to look for any noticeable differences. It has been brought up before that the p75 has bigger ports that flow better, but I failed to see nythign different. I measured quite a few different surfaces, and everything was identical between the two. Im no professional, but if there is a difference I didnt see it.
Intake Port

Exhaust Ports

Next up, I took a look at the head surface of the two heads. This is where I found the most difference between the two. As can be seen from the pictures, the p75 has much larger coolant ports than the pr4. However the pr4 has on additional port on the return side of the cooling system, the p75 does not have this. The chambers in both appear to be identical.
Pr4 left, p75 right

Pr4 head

P75 Head

P75 Center Cooling Jacket

Pr4 Center Cooling Jacket

The last thing I looked over was the cams. Once again, there have been claims of slightly bigger cams in the p75. From what I found, the lift on both appears to be the same. I had no good way to easily test duration, but if there is a difference it is minor
Pr4 on the right

Overall, an easier to give to someone is that the heads are identical. If your really worried about cooling, the p75 appears to be a bit better, but deck rigidity may be sacrificed a very small amount. The ports also appear to be identical. When it comes down to overall performance, they should be the same.
Hope this helps answer someone questions.