This seems so unlikely that I've got to try it, just to find out if it's true or not...
Pico sell a pressure sensor, that they call the 'First Look' sensor. Basically you stick it up the exhaust or connect it to the intake manifold then look at the pressure waveform with the engine running. It, apparently, can detect problems with valves and injectors. If that is true it would be pretty interesting and with a reference waveform you could, perhaps, see if your valves really need adjustment or not without taking anything apart.
More interestingly, the Interweb suggests that you can make your own version of the sensor from a £2 piezo buzzer, some tube fittings and a hot melt glue gun. Said objects are on their way from Amazon. Place your bets on the outcome of this experiment!