"dspych", I need to apologize to you - I just ran into the same thing on a customer 450 today.
Can't get any clearance in the right intake.
In this case though, the tappets and valves are all brand new, but we had new valve seats cut - so looks like the machinist may have taken it down a bit too far.
I'll have to disassemble - I'll try a new tappet shaft, but I don't think that will do the trick, gut feeling.
I may end up grinding a bit off the end of the valve.
First time I've run into this in over 40 years of working on 450's - just goes to show 'ya (or me, specifically) that it pays to stay humble.
No matter how much you think you might know, or how experienced you might be, that there's always something to learn.
Now I know this doesn't help your problem, but thought you'd like to know that you're not crazy, and that I can sometimes be short-fused and dismissive- my apologies, I guess it's part of getting old.......