Can't see why you are wanting to make another slide valve.
The Paxman has a 0.6" long valve and the overall width of the ports is 0.5" so that will give you the 0.05" lap at each end as Greenley (not Paxman) says.
Eccentrics look to give approx 1/4" of movement and the inlet slots are 5/64" wide.
Therfore when eccentric is in mid position there will be 0.05" of valve beyond the port, when eccentric is at full throw it will have moved 0.125" which is equal to the lap (0.05" ) plus Port (0.078" ) so the inlet port will be fully opened.
Now what you are possible getting confused with is the "lead" of the valve which if the eccentric is set to lead the crank by 90deg plus say 8-12 deg will show a hairline opening when the crank is a TDC not the eccentric.
J
Edited By JasonB on 29/03/2012 17:13:42