It doesn't hurt the cylinder head, but be sure you don't get the light-duty eye bolts that aren't welded or forged where the loop joins itself. The thread size is 1/2" X 13. I like to use heavy-duty forged eye bolts, if they can be found with a long enough thread to duplicate the length of the head bolt. Otherwise, be sure to weld the eye into a continuous loop before putting the weight of the engine on them. It's also a good idea to weld a heavy flat washer just below the eye so the eye bolts can be turned down snug against the head.
Jerry