I’ll preface this with we aren’t the best team in the world, or the most proficient in design. But we have it working and it isn’t too bad.
I dont think there is any rule of thumb, at least I havent heard of one. I would just design and test, and if there is too much slop, add overlap. Although in some cases it’s the bearing block design and tolerances that cause the majority of the slop, so don’t overlook that.
Our extension this year has a single stage, and we have machined HDPE as the bearing blocks (climber in a box style). At max extension theres ~3" of overlap, and I haven’t observed any issues with ours yet, it is kinda small scale though. Because it’s attached to another system, the extension is only required to be 19" and it has a pretty light claw end effector so the forces are relativley low.
A larger telescoping pair will probably require more overlap than ours, and obviously the more overlap there is, the less slop you will get. Wired Boars (7407) appear to have 8" of overlap between their stationary and first stages (although it’s not a telescoping arm it’s an elevarm).
I believe your approach is correct, you will have to reduce the stationary (I assume outer) tubes length, but also the inner tube too, as the length from the back of the outer tube to the front of the inner tube doesnt change by shrinking the outer tube alone. As you have stated, this will reduce your overlap for the same amount of extension. AFAIK, the overlap required for any given telescoping pair of tubes is whatever it has to be to meet your design goals. If you aren’t happy with the slop in the system, add more overlap.
I could also be very wrong here and there very well may be an actual equation for the optimal overlap. But that’s for someone more knowledgable to correct me on, and I hope they do because if it’s out there I’d love to learn about it.
Sorry this got very long, TLDR:
I dont think there is a set formula or rule of thumb, I would just design it and test it until you have no, or at least a manageable level of, slop.
We have 3" of overlap on a smallish telescopic pair of tubes, 7407 appears to have 8" of overlap on their elevarm.
You have the right approach, you just need to also remove material from the extending inner tube as the length from tip to tail doesnt change just by cutting down the stationary outer tube (unless your design is different from what I’m thinking).