Lonewolf,
I don't think you have anything to worry about as long as you don't prang a blade and then have the blade move 1/4 towards the tab.
Still, the tab is a sacrificial anode, so it is soft zinc anyway.
You should have play measurable in the hundredths of an inch if the prop is correctly fitted with the right thrust washer and nut.
Think of it this way, look at the tolerances of the prop hub into the foot flange. Now that's small!
Mark
The first coozie was a brown paper bag.