I use dowels sometimes. In some cases, sliding the stand "up" towards the carb(s) can solve a geometry issue. I slot the bolt holes a little, so I use the dowels to repeat the desired location. It does nothing to aid clamping strength, only a means of locating the stand repeatably. Unlike a dowel in a rotating bore, such as a main bore, the rocker is just reciprocating, so the dowel is only a locator, rather than a dual purpose item for location and stability. Doweled or not, if you overcome the clamp force of the four 3/8 fasteners, you will see evidence of metal transfer. It can come from harmonics, detonation, valve springs/camshaft too aggressive for the bolts, valve-to-piston contact, and even piston-to-head contact.......but the dowel is a locator, and would not cure any of that.