much easier to do with the tank off as the balancing screw is a bitch to access with the tank in it's normal place....
the balancing screw is on the left, halfway along the tank - there's a clear pic of it in the manual.
you will need the engine at it's normal operating temp to get an accurate setting, and also increase the idle over 1500.
mine was absolutely miles out the first time i set it - surprising as it was supposedly serviced before i collected it from hunts
you will definately notice smoother running and pick-up once it's done.
if they are a mile out, it could indicate an air leak at the intake rubbers or a badly fitted or damaged carb diaphragm...
my gauge also has a scale that indicates possible engine problems depending on the level of vacuum... it suggested mine has a problem with cam timing, and inlet valves opening too early.
i checked this obviously and found it was fine, i think the reason i have lower vacuum than expected is due to the drilled slides a'la dynojet...
manual says the normal vac level is 20mm/hg but mine is more like 10
