you dont always get a real accurate preload by listening to the rockers tapping, but it will work for ballpark adj.
if you pull all the sparkplugs(makes it easier to turn over) then use the old deal when the intake starts to close, adj. the ex.-when the ex. starts to open, adj. the int.
you want to crank down the rocker arm to just "zero" preload, then 1/2-3/4 turn for preload
a good way to know when you are at "zero" preload is to use a thin feeler gauge, maybe
.002 or so, make it a firm slip fit, but not tight enough to move the lifter plunger-this will get you close enough to zero, i only rec. this if your unsure of being able to get the right feel for zero preload, then do your adjustment
if your curious, you can also use the feeler gauge to determine how many thousands a 1/2 or 1 full turn is, simply by turning the adj. nut and meas. the diff with the feeler gauges
hope that helps
sup. you can rev a little higher with a lighter preload, but might pickup a valve tap now and then, prob a min. of 3/4 is good for a street car