Pulling the cover is easy, pull the plug wires, pull the bolts and lift.
Pretty straightforward, 5 minute job.
I am sure there is a maximum stretch, all chains have one. What is that number though? I doubt anyone knows. Best way to tell is to watch the cam sprockets, if they show any wear, you know the chain has stretched too far. Still safe, but it will only get worse at an increased rate from this point.
Pre-emptive replacement is hard to judge. However if you ask me, it is pointless. The amount of work, and time to just replace the chain is not worth the effort, just let it go till the whole assembly needs replacing. Besides, you can replace just the chain, and it will stretch to match the sprockets that had already been worn by the last chain. Always best to do it as a unit. Considering the cost, it is better to get as much life out of it as you can.