Let's try and straighten this out one more time!
First...no ihc-produced service reference has correct illustrations and text for all rocker assembly variations (or any other part/component/assembly). I've said this over and over, these manuals are references...not gospel!
We fully realize the confusion this creates when folks who are enthusiasts/hobbyists are not trained vehicle service professionals, but that is just the way it is! And...that is exactly why this forum exists...to separate fact from myth and provide some background info regarding variations that exist in vehicles and components that span a production life of nearly 60 years...but have not been manufactured since 1984 (speaking of sv engines here). There is much information to learn/understand that is not in any IH service reference, those manuals were updated through the use of sales/parts/service/fleet "bulletins" and we just don't have access to that information as it's never been reproduced for current resale/distribution.
If one has access to all ihc-produced parts and serive manuals for all light/medium duty vehicles produced between say 1957 and 1984, you will see some inclusion of "updated" information, but it's very rare...that is just the way ihc did it...a dealer handled that by constantly making certain that all literature was corrected using the bulletins and revised reference pages.
But what we have today as repop service literature, is simply a "snapshot" of a "master" publication that was used for the reproduction process. And we're dam lucky to be able to have that stuff thanks to Scout light line and binder books!
The two pics that scouttoo posted show perfectly normal wear pattern for the boat or stamped rocker assembly as Robert pointed out. And imho, after looking at hundreds of these items, I do not think they are as durable and trouble-free as the original design welded rocker units which incorporated an inserted bronze/steel composite bushing. But then...onna 160,000 mile motor what would anyone expect??? I mean...this shit wears out! It's no different than any other engine, no matter what the "ihc mythology" claims!
Right now, toddjo and I are doing a Ford fe (390) build, those motors used exactly the same rocker assembly scenario as the IH stuff, but are not nearly as well engineered imho. And the motor we're doing is a solid lifter/adjustable rocker variation. That is a fact attested to by the many variations of "upgrade" parts that are available for the Ford fe engine series. And likewise, they have their own unique set of "lubrication/durability" issues too. If ya study the massive knowledge base for the fe series, ya find tons of problems associated with the valve train...along with tons of solutions! But that doesn't make an fe an sv or vice versa!
The only reason for ihc going to the stamped/five stand rocker assembly was cost reduction, there is no doubt that even with tooling cost associated, that change reduced the production cost of the I-4/sv motors significantly. In my book, that was a giant step backwards but obviously it worked well enough to "meet" (but not exceed) a longevity/performance standard based upon engineering criteria.
No supplier currently manufactures new nine stand/welded rocker shafts, they were available up until about three years ago. Neither are new rocker stands available in any type of quantity/dependable supply. Same for new or reconditioned welded rocker arms and I promise ya...Scout light line and ihon have researched this issue extensively!
But ihon does have a limited supply of perfectly usable used welded rocker arms (intake and exhaust), rocker stands (both types, oiler and non-oiler), and very few used nine stand rocker shafts.
And...in some cases, there are additional fixes for parts supply problems that are too extensive to go into here. We would welcome anyone contacting us personally to discuss your particular situation so that we can help ya in determining the best way to approach an issue regarding the valve train in general.
Based upon design...boat-type rockers must have the rocker shaft installed to the engine with the oil holes for the rocker bearing point down. Welded-type rockers muast have the shaft installed with the oil holes for the rocker bushings up! That is a simple concept to understand just by looking at each when compared.
Any form of "reclaiming" machine work to re-condition nine stand/welded rocker shafts is simply not any where near cost effective. Just try drilling a scrap shaft using commonly available tooling and that fact will be evident. So that means ya either source good used stuff, or ya make a boat rocker conversion.
Likewise for the welded rockers, the last source for the bushings needed for the reman industry to continue to bring those back to life is history! It's simply good sense on the part of the suppliers, there is just no demand for those type parts any longer in the market place, either wholesale, retail, or at the commercial engine rebuilder point. And the only real market for stuff like that is/was the commercial engine rebuilder.
There are multiple ways that these systems can be assembled though, I recently found one engine with nine stand welded rockers on one side, and five stand boat rockers on the other. Would I do that? Hail no! But it can be done very successfully! All that's needed is proper assembly technique and correct push rod application.
I also have here one pair of rocker shaft assemblies that have mixed welded and boat rockers!!! Will that work?? Shit no! But the motor will run until the lubrication issue (lack thereof) causes a valve to seize in it's guide resulting inna dead cylinder or three!
The "lifter noise" thang is a totally separate issue as far as diagnostics...but, it's very common to find a motor with both issues, along with cam bearings leaving the scene being root cause of failure!!!
The lifter noise issue on some I-4/sv motors is a design problem in my book. But who cares as long as it cures itself within a few minutes of operation?? Don't park the rig with the nose higher than the azz! Run a purolator pure one, or a wix, or a hastings, or a baldwin oil filter and the issue can also be minimized but not eliminated. How about replacing the lifters onna old/tired motor?? They do become shitee inside when the oil is only changed once a decade!
Longer pushrods will not cure this design issue, neither will cutting down the rockers stands. And many times, the lifter tick only comes about after a cylinder head service has been performed and the dam machine shop did not set the "installed height" to spec. Now the used lifters either can't compensate for a change oin valve train geometry, ot the the lifter guts are operating inna "new" position and are sticking internally due to varnish accumulation. And new lifters will not "fix" a cylinder head that has had the valves and seats cut and incorrectly assembled.