Flesh out your question some. Should you change the cathode resistor which way? And why does 42mA seem high to you?
It seems to me that if you have a 14w tube, 42mA on the plate implies ~330v plate to cathode, and with a 470-500 ohm resistor you have another 19-21v from cathode to ground (plus a minimal screen current drop). So it seems like the whole shebang was designed for a 350v B+ (not counting any voltage drop across the OT).
But the thing is hottest while sitting idle. At full-roar, there is additional power being pulled from the supply, but it's very, very little extra in class A. And everything going to the speaker reduces the amount of power being dissipated by the plate.
As time went on, the B+ climbed, cathode R stayed the same. Did the tube actually draw more current, or is the cathode voltage marked on the schematic a hold-over from previous schematics? I don't know. But I haven't seen a red-plating 6V6 in a Fender-built Champ yet.
You can always raise the cathode resistor value if it makes you feel better, but it takes a fairly big change to get any reduction of current. Like going to 650+ ohms just to reduce idle current a few mA's. I have not tried the adjustable cathode bias (shown by O'Connor maybe?) that has a pot running from the cathode resistor to G1. I don't know if that would have more action to it.