Tim:
Hydraulic Lifters: Are you SURE you have them or are you just taking someone's word who, admittedly, didn't really know a lot about his engine. Take it to a trusted aircooled VW mechanic and ask him/her to take a look and tell you for sure what's in there. ALL aircooled VW engines "tick" - it comes with the design - Hell, some of them are really loud, and some of them not so, but they all have the ticking valve noise.
There isn't really any adjustment with Hydraulic lifters - once they pump up, the engine's oil pressure keeps the lifter up against the push rod with just enough pressure to be "comfortable" to the valve train (all the stuff needed to make the valves open and close). Valve clearance is held at that "optimal" by oil pressure and is automatically adjusted, as it were.
Sounds pretty good, right? But there have been a lot of stories of failed lifters in the Mexican engines that have hydraulic's and that's where the cautions come from.
Once in a while one of them won't pump up as far as the others, or has a bit of crud in a lifter oil passage or whatever. When that happens, you sometimes get one (or more) lifter(s) that "tick". In that regard, they may sound like "normal" solid lifters more or less out of adjustment.
Since there is nothing to adjust with hydraulic lifters, you have to live with it. If it gets REALLY bad and one or more is REALLY loud, then the only cure is to pull the engine completely apart down to the crank and cam (that's where the lifters are on these engines) and replace the faulty lifter(s). Because it's such a PITA to pull the engine case apart and put it back together, engine builders usually replace ALL the lifters at the same time - what the heck, there's only eight in there and they're relatively cheap.
gn