Stlakid - it depends on where you are taking the measurement. 1/2" at the end of the lever is fine, but the Triumph manual shows the measurement between the perch and where the lever touches the perch. My S3 is the same as the Sprint.
I do agree however, the cable MUST have freeplay. Otherwise there will be premature wear on the throwout bearing and it may cause slippage.
As in all cases, read the manual, it's usually right, or pretty close to it. Make sure the adjustment at the gearbox end is correct before worrying about the cable.
Mick