It's still a good idea to run them thru witht the clay on the pistons. just to make 110% sure about the clearance. I would never really go by what the spec says (not that I don't believe them). I just prefer to see for myself that there is enough clearance and, either way, you don't have to worry about bending or breaking the valves.
I would also suggest valve girdles. They'll help keep the valve train from flexing and bending your valves.
http://images.google.com/url?q=http:...F31mkIO4XpzOE=
Hopefully that picture worked, otherwise I'll get another one later for you.