Exhaust is .004 and intake is .002
ok ....current thinking is thats too tight ...
there is not one good reason I am aware of to run such tight valve clearances and several reasons why its not good to.
Have a read of Howard Smedleys research and conclusions under 'XS650 Cams' section about half way down the page and make your own mind up .
Yamaha used to recommend 0.012" and 0.006" for early XS650 engines which had better performance and compression .
http://www.smedspeed.co.uk/tech.html