In my opinion, setting valves "running" is silly. So you can use this same procedure, hot or cold
When cold, add about .002" to the hot lash specs
In order to be sure you have the valve you are adjusting on the "backside" of the cam, do this
EOIC
Which means
When the EXHAUST starts to OPEN, you adjust the intake for that cylinder
When the INTAKE has opened and is nearly CLOSED, adjust the exhaust for that cylinder
This method works on any engine from a Briggs to a Merlin
