Sometimes the holes are mostly as described (but the small holes) aren't quite parallel. Sometimes it's about 180 degrees from that. It doesn't seem to be consistent (although I'm second guessing my memory of whether it was or not).
Actually, there doesn't seem to be *any* position where both of the rocker arms are close enough to the valves to be reasonable, though they do get there one at a time.
I used a thin, square offcut of pine since I had that on hand instead of a pencil. I was paranoid about not feeling anything and it breaking it off, so I kept taking it out. I never did feel anything, but eventually the engine stopped turning. I turned it backwards, and it stopped that way too. Eventually it started turning again, so I tried to feel something again The same thing happened, and it appears to be stuck that way.
I'm *pretty* sure nothing broke off. I guess an advantage to using a pencil is it'd be easier to tell... but the end of the offcut still looked cleanly cut.