Those different tappet settings when doing the valve timing is a Velocette foible too.
I assume (though I've never given it much thought) that it stops the valve spring operation from affecting the valve timing measurements.
Incidentally, when I was fannying around with the valve timing on my Venom (the timing marks were wrong- another long story) someone more experienced than me said to set the valve timing up just rocking at TDC on the exhaust stroke as a good start, and he was right. It was as near as..
Clearly not satisfactory on a Honda, but for something designed in the 1930s it was OK.
