Clearances depend who you talk to.
A series (unleaded) was always 12 thou)
Some people say that when the change to unleaded happened, the fuel burned hotter and so the exhaust
needed additional 3 thou clearance..... of couse unleader fuel now is different with 5% or 10% ethanol added to mix.
However with non standard engines, turbos, different cams, different rocker ratio's etc. then additional clearance might be needed.
The Haynes book of (*****) gives 12 thou (0.3mm) for earlier engines and then (0.27- 0.33mm) for later engines.
For what it's worth, I'd start with a wider setting and once warm (after a good run) listen..
If it's still tapetty (light tapping from the top of the engine) then tighten down a few thou.
If the rattle comes from the end of the engine near the radiator, rather than the top, then it's likely to be the timing chain.
I use a bit of wood as a listening stick, as it helps me to determine the place where the rattle is coming from, rather than sticking my
head near the fan