Military manuals for 741 and sport scout give 0.002" for clearance. I would call that bare minimum, total loss motor running a good bit hotter.
A little more isn't a disaster, considering age and potential mileage. Oversize lifter shafts available.
All that is likely to happen in the short term is a little more noise
Bob, for reference, Model A watercooled, so operating temp likely to be a fair bit lower.
Replacing guide blocks is a last resort, imho, never seen replaced guide block not leak oil around base. Have seen several broken cases where guides have been removed carelessly.
The guide will most likely be worn into an hourglass shape wider at the top and bottom. Oversize pushrod might go well with a light hone of guide.
As we are not dealing with Nascar level of tech, it may be better to leave well alone. What clearances do you have now ?
Have heard of helicoil like guide liners available, never seen in action, assume designed for valve guides of softer material, anyone have any direct practical experience of these ?
Exhaust pushrods have a groove to allow for lubrication. There were some nice repro ones availabe with a spiral groove for improved oiling, not sure if they are still availabe anywhere. Does anyone know?
T