So there is nothing in the gap? You have to fill it with spacers, else there will be high risk of knee injury after it slips to the opposite side. But I bet you get into shifting problems first.
What?!
Did they change the design to one of those floating preload adjusters (where the male thread part is just shoved onto the axle and not part of the crank arm)?
Or are you saying that the preload collar doesn't have enough thread engagement anymore at this position? I don't know how long the thread is / how far you can screw the collar off before it gets risky. If the male thread is still part of the crank arm, you would definitely not fill up the gap between crank arm and preload collar with spacers. If the adjustment range isn't enough, you'd put the spacer(s) between the collar (the nut, so to speak) and the bb side.
The "gap" is between the NDS crank arm and collar and is filled by the thread the collar threads on. There are only 2 issues I see - 1. It looks strange and 2. I'm not sure how much of the thread is engaged on the collar with it adjusted as is, so could lead to issues.
If someone has a crank that's not installed and could measure the length of the thread, it would be appreciated.