Jim B: I always defer to your knowledge, wisdom, experience and expertise, not to mention deference to my elders. I am now running the 28 tooth cluster with the 2.82 1st gear, which I understand was standard in '38(and meant as a possibility for Old28) as opposed to the 29 tooth cluster with the 3.11 first gear, which I understand was standard on '39s. However, as I thumb through Van Pelt's book, it looks like you might get both of these both years. (
http://www.vanpeltsales.com/FH_web/flathead_trans-gearratios.htm his book is more detailed.) If I find anything more definitive I will email it down.
Old28: I would not go less than .045 piston clearance with a 3 bearing A crank, but as noted above, would defer to Mr. Brierely. I have heard some guys go under .045. I use .050 myself. Also, if you are building the trans or changing parts, you need Van Pelts book, because these parts are generally interchangable but there are tricks and variations. (My speedster body is not a stock or period creation, hence not elgible for TROC.)