Eric,
I leave the T25 Torx backed out- no need to give it fuel until it has air to burn it. I have found the starwheel and pin taper adjustments to have a bigger effect than the "smoke screw". For power, turn the tapered pin till the deepest part faces the front of the engine, and turn the starwheel down till it bottoms out, then back it up 2-5 turns. For economy/ smoke reduction, turn the taper to about 3/4 from shallow to deepest, and tighten the starwheel about 3-4 turns down from the top of where the starwheel is even with the top of the "well. " THen you have the fullpower screw, which I would not recommend adjusting until you have a pyrometer, t-couple in the manifold- I saw a 400-500 deg in crease in peak EGT when I moved mine, and only 28 psi boost, far form the 1psi=10deg difference rule. Once you get the pyrometer on there, you can turn the power screw in a turn or two. You will mostlikely need to drop the idle speed back after that. I use a flat screw driver and tap on one side of the idle adjust screw to loosen and tighten the nut. ANd when you get guages, for gosh sakes, get a 40 psi guage; I can hit 36 psi with stock injectors and no intercooler.
Daniel