Out of spec valves will usually start giving trouble just at startup. It will start and 5 seconds later it will flutter and want to die. You need to keep revving it to stay alive. Then 5 mins of that and when its plenty hot, the thing will run well enough to make you dismiss it as a freak incident. A few 100 times later you'd decide to do somehting about it. Take apart the carbs and find nothing.
Valves that are too tight but more than 0 will usually get too tight to run as its warming up, and when fully hot will have just the right clearance to run well. When hot, valve clearances increase, but as they are warming up they can decrease, to under 0.
So chromecrusher, you may have really really tight valves making it for very very hard starting and a fluttery idle all the time, but tight valves = startup troubles out the wazoo. In fact tight valves will burn I have heard, I believe they may on a 4 valve bike where it can run with one valve hanging open, but a 2 valve 2 cyl will usually never burn a valve cos 1 is open.
Cool.
Buddha.