Join Date: May 2003
Location: Ohio's Cycling Capital, America's North Coast.
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If you have questions about flipping a stem, I assume you never adjusted your headset. So yes, pay very close attention to the headset adjustment.
Also, some stems have shims that can be flipped as well. Specialized, for example, give you four (4) stem settings. Two by flipping the shim, and two by flipping the stem.
Good Luck, and I doubt you can screw it up, so don't worry.