I had an IB ES350 Bullet with scoring on the idler gear shims from the newer style too-thin timing cover gaskets. I used this material to determine each gear's end clearance:
Sealed Power SPY1 Plastigage ; $5.57 ; ( Range: 0.009" - 0.020" )
https://www.amazon.com/Sealed-Power-SPY1-Plastigage/dp/B001P277WG/ref=sr_1_17?dchild=1&keywords=plastigage+PL-C&qid=1627537202&s=automotive&sr=1-17This is found in the Iron Barrel section in the "What's the best way to set shim spacing for gears under the Timing Cover?" entry. There are pictures in there of the "plastgage" methodology used. Hitchcock's has a variety of idler & cam shims available. Get a selection of the standard as well as the "accessory" shims to cover contingencies. I never found an "official" endplay spec, so I shot for 0.007" to 0.015". The SPY1 plastic gage falls right in there. There seems to have been a change in the available timing cover gasket thickness, the new ones being thinner, so my ES350 ended up too tight and did some galling to the endplay washers. On those I ended up honing the damaged units thinner and back to flat by hand on a handy carborundum whetstone, ending up with about 0.008" on one idler and 0.015 on the other.
Pulling off the timing cover is a good idea, lots of things to keep tabs on in there. Check the
tappet side play at
TDC compression with the valves well slacked off. My 500 has perceptible side play in the tappets just above the cam and is
VERY noisy, you could flick them from side to side and see just where the extra "clank" comes from as they slip over center on the cam nose. My ES350 is quiet, for a Bullet, and does not exhibit this side play. The tappets & guides are definitely due for replacement on the 500. Again, Hitchcock's carries all the tools and bits. Take a look at the oil pump worm shaft gear at the same time. My ES worm had some wear and had the high volume pumps installed, so I went back to stock volume pumps.
Good hunting - ACR -