As I mentioned yesterday, the problem appears to be only with the exhaust valves. So, it is with interest that I made the following observation for valves 5 and 6 (with 1 to 12 being from the front of the engine to the back). These rockers are both actuating exhaust valves and are "adjusted to correct valve lash". Note the very different adjuster heights between the two:
Wild - right? Well... have a look at this picture - the rocker on the left is the number 6 valve (exhaust) and the one on the right is the number 7 valve (intake):
So... what is going on with the rocker on the valve on the left? Do you see how the tip of that rocker appears to be "floating"? And compared to the intake valve on the right, the rocker tip on the left appears to be sitting quite a bit higher (above the retainer) actually:
Here is a picture showing the underside of the rocker - see the shiny part where the arm was contacting the retainer?
Summarizing what I have found tonight, each of the 6 exhaust valves are hitting the top edge of the Isky retainers. When I was setting valve lash, I was setting it with the rocker arm sitting on the retainer instead of the lash pad. The rocker was floating above the stock .118" thick lash pads on each exhaust valve. During the total of about 1 to 2 minutes of engine operation at low revs, the cam was operating the exhaust valves, initially by rocker to retainer contact, but as the rotation continued, the rocker tip came into contact with the stock lash pad, and operated the valve.
And note that the lash pads look very different. The ears on the lash pad of the intake valve (right) are sitting quite a bit further outside the retainer. I removed that rocker and took a measurement of the lash pad:
Each gradient is .025". So the reading above is .177" and 7 tenths, or '.175'. These are the lash pads that came with the cam when I ordered it.
I am hoping to get lucky here. My plan at this point is to put the .175 lash pads in each of the 6 exhaust valve locations and to modify the undersides of the rocker arms for clearance with the aftermarket Isky retainers. I'll just have to see if between the two, the rocker arms actually sit lower at the tip than before. If so, then I should be able to raise the height of the adjusters for these valves. Fingers crossed.