I believe one of the problems using the screw in stud without the hex may stem (pardon the pun) from the smaller diameter stud (as was mentioned before), but also the fact there is no radius to re-inforce the stud instead of creating a built-in stress riser at the smallest diameter of the 60 degree V thread profile. Hex head studs have a generous root radius at the bottom of the upper stud, which can withstand a long slot rocker and high lift cam, plus heavy spring pressure that puts a lot of force on the stud during any kind of rpm (much less a solid lift camshaft motor). Probably why big blocks have screw-in studs (which are also compromised by the mounting angles of the studs themselves).
I have a spare set of 186 heads that I picked up a long time ago, screw-in studs already in place - I've been considering using them rather than alter my originals by pinning, or drilling/tapping. Remember, they're only originals once, as some of us are quick to point out.
Regards,
Steve