On my iron headed FE, I have been using a carb lift plate for years to Re & Re the engine complete with flywheel, clutch assembly and (heavy) Lakewood scattershield in my Fairmont. I just use the 4 carb studs in my almost 50 year old Ford Sidewinder aluminum intake manifold, with no issues.
On my SB 85 Mustang, I use the same carb lift plate, and install the engine with the clutch, scattershield, starter, and passenger side header, which requires an extreme nose up attitude, again using the 4 studs on the aluminum intake manifold, with no problem.
One of the nice things about the carb plates, is the the engine hoist hook is a single pivot near the center, so turning or tilting the engine is easy, with no having to fight chains that are under tension. The plate also seals up the carb opening, keeping crap out.
Strengthwise, I think 4 5/16" studs in a straight pull, offer more strength than 2 3/8" bolts on a 90 degree angle pull. Plus you don`t have any chains riding on the valve covers, scratching or denting them.
For years I was skeptical about the use of carb plates, after using one, now I never use anything else.