HitManX had the same problem that you're describing. I won't say that his cause was yours, but try starting the car with the fuel cap on the tank removed. If it runs, then you have a cloged tank breather.
Yes, a small amound of fuel should squirt out an high pressure. If id doesn't, something in the fuel system is clogged or not working.
When the lift pump is working, there is a massive volume of fuel coming out of it. IIRC, the volume the lift pump sends is about 3 times greater than the fuel that car needs. It's just cycled through the filter, and sent back to the tank.
If the car isn't smoking the blueish/white smoke that smells like antifreeze, the head is fine. There are a lot of #14 heads that last the life of the car. The problem is probably not nearly as bad as many people make it out to be. Just like there will be a lot of 3.5 L rod benders that will never bend rods. The rest of the car will die around the engine.
If you want to be safe and sleep better, just ask your mechanic to do a compression test while it's in the shop. (The price he'll ask is probably a lot cheaper than the loss of sleep due to worrying about the engine failing) IIRC, the cylinders should be in the 27-32 bar range, with a maximum of 3 bar difference. I'll look it up later as the WIS is on another computer that I have to drag out.
I hope this helps.

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