Curious, how do YOU check valve guides with the "wiggle" test?

But.... follow me before you correct me :D ........ Your tolerances are to make "better than new". Your a machinist that cares and takes pride in your work, no expenses barred. So, this may be very difficult for one such as yourself. However, picture a guy at home, that pulls the heads off, shall we say, to install new exhaust valves and lap all valves, or perhaps some home porting, wouldn't .017 be "acceptable" for this type of build?

I agree, but what I've found is even the best valve stem seal struggles when the clearance is that loose. Other than that it would be ok.

Also, with the clearance it beats up the valve job quicker.