If it's a little tight, it won't hurt anything. It'll wear in and clearance itself. The issue with too tight is excessive wear and heat. They only pack I set up a little under the spec is the 3/4 stack. Full fluid soak, I set it around .055 IIRC. Spec is .060-.080. That hasn't been an issue so far.
The first one we did was right at the top. I believe at the .080. After after 15k miles, we started get a shift flare and I blame it on that. We've learned a lot since then...
This of course is on the 4l60-65. The 6 speed is completely different beast and will adjust the fluid levels (based on my reading), so I believe if you're a little tight, you won't have an issue. The only thing is prematurely wearing the friction and shortening life. You're plenty knowledgeable with these so don't question yourself based on me. It'll work fine if you're comfortable with it.
I really wish I could get a free core and build one for my dad. They look like such simple units (if there's a way a transmission CAN be simple...). I'm confident I could do it, I just don't want my dads truck being down and then it having a problem if I screwed it up. If my avalanche would've had a 6speed, I'd have given it a shot!
When i did my vette, i targeted .035 if i remember correctly.
Later i had an aftermarket pump rotor blow up (Came in the "stage 2" rebuild kit)
so, the trans had to come completely apart.
At that time, I found some burning on the 3-4 clutch and blamed having too tight of clearances.
And I had the band slightly too tight as well.
that transmission was super cheap compared to this.
I loosened the clearances, and slapped it back together after cleaning everything with more upgrades, new pump, billet pump rotor, and a better converter.
It has been flawless ever since.
IIRC I ran with a .040 (wet) clearances for all of the clutches.
It has been perfect ever since.
Not a "pleasant" car by any means, but it is very fun and entertaining.
(long tubes, loud, hard and fast shifting (giggity), super stiff suspension...
suspension is normal for that car and there is a fun story related to the history of the C4 for me to tell people because i'm a nerd).
And of course, the Tahoe has to be the "opposite", i don't want headers anywhere near this thing.
for the clutch clearances.
I have in the past gotten away with sanding a clutch down, but it's a massive pita.
You need absolute perfection, must be perfectly level and flat.
Luckly with the vette, the transmission was really easy for me to pull.
this is not that easy because of 4x4
I'm wanting to avoid that if at all possible.
I have been toying with the idea of re-using one or two of the original clutches to loosen the clutch pack up a tad
they aren't bad, but they are old.