Ed,
I just tore down a 59 ab, 46 -48, which had non adjustable lifters, and ford valves, so I think it had never been apart before. It had 4 sleeves on the left side and none on the right, they look very thin. To me it looked like maybe they had a core shift, or some porous iron on that side of the casting. It doesn't seem right to sleeve an engine and sell it as new.... but I think thats what they did.
Flatheads for ever, Chuck.