When did the laws of thermodynamics get repealed? Since pushrods and valve stems get LONGER as the engine heats up, I've been ADDING .002" to the cold valve adjustment specs for around 60 years. A hot re-check has always come out just about perfect.
I guess the block, the head and the rocker stands expand much more than the pushrods, valves and lifters,
But don't take my word for it:
cold lash settingI grew up around a bunch of oldtime wrench jockeys who insisted the only way to get a good valve adjustment was on a running engine. They would turn the idle speed WAY down and chase those rocker arms with a screwdriver and a box end wrench, and it was amusing to watch.
I did that once - it was scary.
What really bummed me is how much the rpm drops/rises when you tighten/loosen the bolts on the rocker arm stands.
Frank