very true, they don't stretch much, they break!
things that change the valve clearance:
valve face where it touches the valve seat can wear (decrease clearance)
valve seat where the valve face seats can wear (decrease clearance)
top of lifter bucket can wear (increases clearance)
valve tip can wear (increase clearance) *
the cam base circle can wear (increases clearance) *
the cam bearings can wear (moves cam closer to valve tip decrease clearance) *
The cam lobe can wear but it doesn't effect the clearance we are checking.
IMO "
*" these are less likely but can happen. . .
Another book I have written as I learn the ways of the Yamahauler engineers.
FWIW: at 10k RPM the cam is turning 5000 RPM. So the valves are opening and closing 5000 times per minute. I couldn't find the open valve spring pressure but lets say the open valve has 120ftlb/in of pressure and its slamming closed beating the valve seat. A small film of gas (both unburned and burned) is the primary lubricant between valve and the head. It stands to reason that some engines will see wear that moves the valve stem closer to the cam thus reducing the gap. When you have ZERO gap when hot and 10,000 RPM is when valves get burned from being open too long!
My Vote, its worth it to check the valve clearance!
Also - If you ever have the cams out, make a diagram locating all the valves. Measure the valve pads and record them on your chart. Also right down the "as left" measurement taken using your feeler gauges. Now if you ever check the valves again, you know what the clearance was and the pad thickness in each location. With this you can determine the difference between what you have and what you need if the clearance does not meet specification and order the parts quickly if found out of spec and you have a record to see if it changed since the last measurement.
Hint: toyota does a very similar setup with thier car and truck engines. Buckets and shims just like this.