Under .550" you are highly unlikely to have any problems. The over-lap area is where the problem occurs, where the piston is chasing the closing exhaust valve and the intake is just opening....its a very small area, perhaps 5-10 degrees of crank rotation. Ramp rates play a major part ofcourse.
If you're swapping out a cam, you have the intake off anyway and its a simple matter to pull the springs off one cylinder (you should probably change them anyway), put some light ones on, put some solid lifters (or make acouple of your old lifters solid) on that cylinder and check it. Just push down on the valve/s as you are approaching the overlap area and measure the clearance....turn enine alittle more and recheck etc etc.
Worth it for piece of mind I think, I remember my younger days and swapping out cams......cross your fingers, start it and quickly check for rattles!! We had no "crashes" but it was abit stupid....
<font size=-1>[ This Message was edited by: cmf60 on 4/8/06 7:27am ]</font>