Couple of things #1 take some compression out of it.The more there is the hotter it will run.#2 Jetting,Make sure the jetting is good,Even a little rich it will help keep the cylinders cooler.You may lose some performance but it will help keep it from melting itself down.As for the clearance,I would probably set it up at .006 thousandths.The tighter the clearance the more friction it will have and as it gets hot the less clearance you will have causing more friction.
There's a few for you,Hope that helps ya.