Dan,
Tell me where you are at now. Is the trans in or out?? About how many turns has the screw gone in? Are you installing a new stock clutch or another brand? Did the guides come pre-installed in the intermediate plate?
To answer your question, It would be hard to go too far without feeling the little bolt tighted up, as long as the clutch, intermediate plate, and guides are all assembled properly.
This is why I asked about the brand clutch and was it preassembled. When you thread in the bolt you are pushing the guide against the intermediate plate, which for the most part, if things are right is stationary, based on the pressure of the pressure plate. With that in mind, you can understand that the bolt will tighten up. The goal is to just get it snug and you are there. Typically as you move to the second and third hole, you may hear a little "ping" which is the whole assembly "squaring up" as the three gudes are set right.
I will check back on this later today (It's 10:30am east coast time.) If you would like call me at home, I will be around. Check your e-mail I will private you my number.
HTH,
LarryB
[This message has been edited by Larry Bastanza (edited 10 November 2002).]