I think that is too long to go between valve adjustments myself. The books says the first adjustment should come at the 24,000 mile mark, and then every 24,000 miles "as needed" after that. While I do not believe everyone needs to have the valves adjusted every 24,000 miles, I do think it is good maintenance practice to go no longer then 48,000 miles between valve adjustments. Also the first valve adjustment, 24,000 miles, is important . The engine it self, has broke-in by then and there is a very good chance the valves are loose, this is normal and should be expected, hence the request for the initial engine service.
I took mine in at it's 24,000 mile mark, and yes I had several that were very loose. I don't understand why so many on forms like this, think of valve adjustment as a waste of time and money? Probably got more to do with the money then the time?
One noticeable benefit of the vale adjustment is the performance, they seem much more "peppy" after wards, and the noise is a bit lower as well. I have had two valve adjustments on my truck, the first at 24K mile mark. And the second at 46Kmiles when the 60# springs were installed. Both times the truck responded with a positive change, more power and a little less noise. To me it is money well spent, and all in-line with good engine maintenance. Good luck.