serose

OK, I am rebuilding a 5.0L for my mustang. I had the block cleaned, rods refurbished and crank polished and cleaned. I go to check the bearing clearances and I get ~0.002 - 0.003" clearance for the mains. I check the rod clearances and they are all 0.001" +/-. I think it is too tight, my father in law disagrees.
The block is bored 20 over, I plan to use twisted wedge heads and stage 1 cam (trickflow). The car will be used as a street car and rarely go to the strip, more daily driver than anything else.
The crankshaft is supposed to be standard, the rods were refurbished back to standard size and the bearings are standard size.

Does anyone have experience with this tight of a bearing clearance? And what does everyone typically shoot for on their clearances? Typically, I use 0.002-0.0025" as a guide but since everything is supposed to be standard size I am hesitating a bit.