Right! Low lift is over the short side. Where this is depends on the head design.
To a degree, IMO, yes because valve shrouding isn’t good for the A/F mix and burning of it but I wouldn’t get caught up in it a ton. As the saying goes, the LS guys aren’t concerned with it.
I think a case can be made for more or less of which I don’t know any specific figures for this. For certain more clearance the better. But where does it hurt and where does it become a detriment?