Reworking the 273 Adjustable Rockers

Or does the oil puddle in the hole and run down the threads into the pushrod cup?

The oil is under pressure. If you take out the adjuster an look inside, the bottom thread stops just above the bottom of the oil hole. Then the hole is opened up so the oil goes all the way around the screw. Guess what is on the opposite side of the screw from the oil passage. A HOLE.