Valve lash is another way of describing checking whether your intake valves are closing to early, late or precisely when your spark plug ignites the air/fuel mixture which is usually 7 degrees before TDC(top dead center) of the compression sroke. And then obviously your exhaust valves need to be closed during to compressed explosion to make power and open at just the right time to let the burn fuel escape. Just from reading old posts of cruiser heads, the valves need to be checked from time to time.
There is a good thread in FAQ on Valve adjustments. Main thing is have your engine good and warm. Some guys follow the FSM and check while the engine is running. Some who seem knowledgable quickly check with the engine off. I follow FJ40Jims advice to put the rig in 4th gear, then push the rig to move #1 piston or #6 piston into TDC during static adjustments.