chamfering pads = filing away the 90 degree angle at which the leading edge(s) of the pad contacts the rotor. do accomplish this, just use a metal file and rasp a chamfer of 45 degrees or so. it doesnt have to be exact, any angle will suffice. what this does is break the harmonics created by a perpendicular surface contacting the rotor. that is what is a main cause of brake squeal. it will also reduce the amount of dust thrown out onto the wheels and such. however, it wont reduce the life of the pads. only in rare occasions will it extend the life of the pad. that said, given you have new/turned rotors installed at the same time. ive done this on every brake job i have done. this includes rear shoes on drum brakes too. the only exception is on pre-chamfered pads, such as the Performance Friction Carbon Metallics available for the front, which are already chamfered through the life of the pad. also, when you chamfer the pad, get as much as you can. normally i try for 1/16" obove the backing plate, so i dont have to do it again til the pads get replaced.