Sure sounds like somebody more ambitious than I is going to set their valves cold and measure them hot in the near future
OK I suppose I better do it in support of what I was saying. I'm not doing it hot though and risk getting a burn, that would be silly.
When I got home from work today I left the bike exactly one hour to cool and then carefully measured the clearances on the left cylinder. The engine was warm to the touch but not hot. You could safely hold a hand on it indefinitely.
I deliberately run wide clearances so the measurements were what I set them at last time:
Tight .009" Exhaust
Tight .006" Inlet.
My definition of tight is the gauge will go in but without pressure on the end of the adjuster the gauge is grabbed tight and will only slide still with some resistance when pressure is applied. If the gauge will slide easily you didn't measure anything and all you know is the gap is bigger than the gauge.
So I'm going to leave it another 5 hours making 6 in total and measure again. If I'm not satisfied the engine is really cold I'll leave it overnight and measure in the morning before I go to work - good job it only takes a few minutes to button up again.
Watch this space.