The higher ratio rockers make little difference in piston to valve clearance issues. Clearance is tight when both valves are open to about .080" during overlap; the 1.7's will only reduce your clearance by about 5 thousandths (.005"). The milling will reduce clearance by the amount of the milling.
With stock heads??? (you don't mention valve size) you'll likely be ok - but as others have said - YOU MUST MEASURE YOURS TO KNOW FOR CERTAIN. Going by what someone else tells you about their similar combo is no different than simply guessing and hoping you have enough clearance.
Peak lift is a non-issue with regard to clearance. The piston is WAY down the cylinder when the valves are open at peak. It's during overlap that there are issues - valves barely open/piston passing through tdc. Measure.
If you're running the Ecam with stock heads you may not be happy with the outcome. Below are Crane's suggestions for use of that cam - they designed it for Ford Racing and make the same cam - Crane Powermax 2040. The stock valve springs are quitters. With 1.7's you'll likely have valve float before you ever get to an rpm that will take advantage of the cam. And with stock heads and that cam - the bottom end of the engine will be noticeably diminished.
GOOD MID-RANGE AND STRONG TOP-END POWER, REQUIRES MODIFIED MASS AIRFLOW, AFTERMARKET INTAKE, PERF. CYLINDER HEADS AND HEADERS, MUST USE 5-SPD AND 3.55 OR NUMERICALLY HIGHER REAR GEARS. REQUIRES CRANE SPRINGS AND RETAINERS. (50 STATE LEGAL 85-93, C.A.R.B. E.O. D-225-46) BASIC RPM 2400-6000