The only way to check is physically. With the timing cover removed a screwdriver between the shaft (lock nuts) and oil pump or inner timing cover, movement up & down and fore & aft can be checked (dial gauge is best). End float can also be checked. 0.002" in any direction is acceptable, more than this is indicating a freshen up is not far away.
In saying all that I've seen figures 3X that and still ran well with very little noise. (Might have been the xtra thick oil he was using
)
Get it running, check oil is returning to the tank, after a few minutes you should see air bubbles in the flow.
If it all sounds good, ride it like you stole it!
Cheers