I have been plagued by clicking on a pair of SR pedals. Most of the time it's the left but sometimes the right. They spin ok - not tight and not loose. When I loosen the cone and readjust it feels the same as when I started, but the clicking usually comes back in less than a hundred miles. Bearings have been replaced, cones and races look good. I just don't know - I reckon I will be replacing them soon.
-G