sounds about right, the clearance will increase as the clutch wears. you can get an idea of how far the sleeve moves by measuring the linkage, and doing some math. Another thing you can do, is assemble the clutch in the flywheel, put the sleeve in, put it on a press, and press the sleeve down until the clutch releases (or almost hits the pressure plate). Put a clutch alignment tool (transmission input shaft) into the clutch from the bottom, you can turn it when the clutch releases. I did this to test my clutch, which I "rebuilt" myself.