The issue here, and the reason we did the research, is the relationship between the point where the clearance is taken up between the rocker and the valve stem and the position of the lifter foot on the lobe profile of the cam. The factory-published .030" (hot) lash clearance was based on the nominal (design) 1.5:1 factory rocker arm ratio, but, as manufactured, they aren't 1.5:1 - they vary from 1.37:1 to 1.44:1, and never reach 1.5:1.
We did complete crank angle/cam lift diagrams for both "30-30" and LT-1 camshafts, in engines with stock stamped rockers, using the dual dial indicator setup I described above; this involved taking readings 720 times for two crankshaft (one camshaft) revolutions, one measurement/reading at every degree of crank rotation. What this told us was that the clearance ramps (the low-acceleration initial and ending portions of the cam lobe just off the base circle that take up opening clearance gently and then set the valve down on its seat gently) are exactly .020" high before the serious lift acceleration portion of the lobe profile starts (and ends, as the "30-30" lobes are symmetrical). This would be right on the money with 1.5:1 rockers, the valve stem end of which would take up the factory-spec .030" clearance exactly at the point where the lifter transitioned from the clearance ramp to the acceleration ramp portion of the cam lobe, to avoid "pounding" the valve train.
However, with the "real" as-manufactured/installed rocker ratio (1.37:1 at initial lift), at .020" lifter lift (the height of the clearance ramps), that movement only moves the valve stem end of the rocker .0274", so there's still two-and-half thousandths clearance at the valve stem when the lifter hits the acceleration portion of the cam lobe profile, which "pounds" the valvetrain and makes a lot of noise. On the closing side of the lobe profile, this means the valve is dropped back on its seat at greater than clearance ramp velocity as well. This also "pounds" the valvetrain, can contribute to valve seat recession, can cause valve "bounce" at high rpm, and also creates excessive mechanical noise.
Closing the running clearance down from .030" to .026" allows the rocker tip-to-valve stem clearance to be taken up at the gentler clearance ramp velocity (with a one-and-a-half thousandths safety margin) before the lifter transitions to the acceleration portion of the lobe profile, and also allows the valve to be returned to its seat at clearance ramp velocity, as designed. The original design parameters are correct, but the "real" stamped rocker ratio doesn't meet the design parameters, which assumed a 1.5:1 rocker ratio.
This procedure, done with the indexing process (which sets the intakes at 90 degrees ATDC and the exhausts at 90 degrees BTDC due to the unique-to-the-"30-30" cam's extreme overlap which has both valves still on the ramps at TDC instead of on the cam's base circle), has been done on many L-76 and L-84 Corvettes and '67-'69 Z/28 Camaros (including mine) since we developed it, and it results in a nice mechanical "singing" sound, no "clacking" noises, they run better, sound better, the idle is more stable, and throttle response is improved. If the factory stamped rockers were 1.5:1 at initial lift, it would be the same way with .030" clearance, but they're not. The best intentions of the cam designers were altered by the tolerance spread of the rocker arms as manufactured, but the published clearance specs in the shop manuals were based on the design assumption of 1.5:1 rockers, which didn't happen.
I hope this clarifies the rationale behind the change from .030" clearance to .026" with the "30-30" camshaft; it lets the system operate exactly as the designers intended, in spite of the inaccurate rocker arm ratios.
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