To further add about wood and tolerances, even after the wood has "settled" and is fully seasoned, wood is still an organic and porous substance that can absorb and release moisture to its surrounding environment. There's a reason why string instruments such as violins, violas, celli, acoustic guitars, etc., need to ideally be in humidity-controlled environments, especially when they're made from solid wood. Wood swells when it's humid, and shrinks when it's dry. There's a reason why doors may stick only part of the year, usually when it's humid out. That's also why solid acoustic guitar tops will crack and seams will open in the winter if the guitar is kept too long in a low (<20%) humidity environment. Wood also is anisotropic, so it doesn't swell the same amount in all directions. That's why wood can swell into a warp.
So, you need to have some play in the neck pocket, to compensate for the neck and body swelling a little in the humid months, and shrinking in the dry months, unless you plan on always keeping your guitars in a humidity-controlled environment. It's worse if you live in a place where you see extremes of both. That's why the finish around the pocket can crack- in humid months, the neck swells and the body swells, resulting in a larger neck fitting into a smaller pocket. If there isn't enough tolerance, that translates into a finish crack as the pressure deforms the pocket.
Where I live, the winter months are bone dry due to the really cold weather, so all my guitars will go easily a half step or more flat, the action gets really high, and the frets sprout due to the neck shrinking from lack of humidity. In the summer, the opposite happens, the guitars go way sharp and the action will start buzzing w/o a truss rod adjustment (but the fret sprout goes away!) as the neck swells and back-bows.
So, the loose fit in the pocket is a good thing, although it means the neck can go out of alignment if given a good knock or jolt. But that's much easier to fix than a finish crack or worse - being unable to realign the neck without doing minor surgery on the pocket.