The valve must close completely when the engine is hot, in other words a tappet clearance must exist. Automotive practice to achieve this varies from engine cold, engine hot or even on Pre-War Vauxhalls, engine running. Lots of time, effort, calculation and experiment was carried out by the R & D departments of the manufacturers, we reap this knowledge from the published data.
It's academic really, tight set tappets, goes like stink, quiet, burnt out valves. Wide set tappets, rattles, sluggish, hammers the valve stems, valve seats last forever.
Take your choice.....Gimme hydraulic tappets any day.
Swarfy.