In "theory" I think you will be fine with that flat valley cover.
My theory is based on the oil flow. It appears the oil is supplied through the channel past the sending unit after it goes through the screen under the sending unit. That supplies oil to the solenoids in the vlom.
So it looks like the solenoids have two functions. In 8 cylinder mode, you have oil pressure coming up the towers from the lifter bores, and the solenoids keep those closed off to maintain the pressure in the lifter bore.
Switch to 4 cylinder mode, the solenoids open to bleed off the oil pressure from those lifters by opening the channel that comes up through the towers, effectively collapsing those lifters and preventing the valve from opening. (There's a large spring on top of each AFM lifter that keeps the slack out of the system and prevent a tapping noise, as well as keeping a downward pressure on the lifter when a bleed down is required for 4 cylinder mode)
Back to V8 mode, the solenoids close again, using the oil pressure being supplied them through the channel that goes past the sending unit to overcome the inherent lower pressure coming up the tower.
In basic terms I see the solenoids as an electromagnetic switch, assisted by differences in oil pressure on each side of it.
My only end result question, and I regret not inspecting VLOMs I have removed in the past for this specific thing.... Is, 'where exactly does the VLOM release the excess oil during a lifter bleed down?"
I have noticed clean areas on the underside of a high mileage VLOM.... Assuming it was a pressure leak in the system, but perhaps those are points where it releases oil?
The large round orange seals are what's over the towers. Clean inside for the most part from oil flow. It's the surrounding areas that are clean that raise the question. Note the small hole in between the two round sealed areas. That good in fact be where the excess oil drains. This example had AFM turned off approximately 40,000 miles before the delete.
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So I would say with a certain degree of confidence that if you use the valley cover with the o-rings, you can even tap metal plugs into the towers for extra measure, there will be no method to bleed off the AFM lifters and they will have a constant supply of oil pressure to keep them pumped up.
On the subject of the large springs on the top of the AFM lifters.... I wonder how many failures are more related to those springs. They press against the underside of the plastic lifter tray. If there's a failure there and it goes into 4 cylinder mode, you're likely to lose a push rod off a rocker arm, and have a lifter bouncing off the camshaft.
All this combined is one very good reason to absolutely delete the AFM hardware as soon as you can.
AFM lifter in the below pic on top, non afm lifter is the lower one
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And here's a photo of the bottom of a lifter at around 175,000 miles. Actually looks really good, all were identical. The engine had regular oil changes at no more than 5,000 miles.
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