Al,
I have looked and can't find my notes for when I rebuilt my transmission a couple of years ago. I'll offer some disjointed comments, and hopefully others will join in.
My most recent tranny rebuild was on a 1931 transmission.
The shifting was very sloppy and extremely noisy.
After I opened it up, I found the main shaft to be worn as well as the primary drive gear. Found new ones of both.
Now -- here's where the fun begins... I can't remember the clearance that I was striving for, but it seems to me to be about 4 or 5 thousands... This is between all of the spaces on the main shaft... When I initially measured, mine had over three times that amount!!!
Once you add the thicker (newer) spacers, the shifting becomes much "tighter". And with a new shaft - and bushings - the entire assembly is so much more stable/steady/smoother/quiet.
I remember having to finally make one of my spacers... It seems that the only ones that I could find didn't quite fill in the void enough. And, off the top of my head, I don't remember, but it seems that there may have been three of them in there.
I'll keep looking for my notes and photos... If someone else has more information, please jump in.