If you're considering swapping the hughes rockers for stock stamped rockers, I'd do just as you say measure with an adjustable pushrod tool. I'd check all four corners intake and exhaust. Also check that the tops of all valve stems are level or close to it. Any variation will impact pushrod length for a given amount of lifter preload. Be sure to account for head gasket thickness if the heads aren't final bolted down. I'd lengthen the pushrod tool until there is zero lash, then take it out and measure. Then just add whatever preload amount the lifters need.