WTF? Clearance problems with valve covers? I don't even see how that would be possable,your rockers would be smacking them first.
Lems,the studs are better as they engauge the threads in the block better,and also don't twist as much when being torque (there by "loosing" torque).Head studs DO stetch.Do NOT over tighten them by more than %20 percent MAX torque value (listed on box or data sheet) otherwise they will be streched to the point they will no longer hold propr torque.
Use the ARP moly lube,not 30wt oil for best results.