Yeah, as others have said, erring on the side of 'loose' is better than erring on the side of 'tight'...I am thinking I may try the cold way since i doubt I'll get very accurate readings with it being as cold as it is here and it being my first go around with the 2f. This summer when the engine won't be cooling as fast from the ambient temp and I have a round under my belt I'll go the fsm route and see how much of a difference there was doing it cold vs warm.
...but the question still stands...what is tight?
Is a tight valve one where there is no gap and the feeler gauge won't slide in? Or is a tight valve one that is 1 or 2 thousandths off...?
I ended up justifying to myself that I did a good job because not only did I feel that I got consistent resistance on the feeler gauge across valves, but when I removed the feeler gauge from the gap, as I mentioned above, the rocker arm still had up and down play in it...it would move up and down and I could hear/feel the gap open/close...