Ok, a lot of good feed back. I just spent a few hours tinkering and I thought it would be beneficial to list what I did. (with correct part names!)
so my problem was in a couple spots - first my jet Head was 1/3 open and sticking. When I would release the choke it would not snap back to zero. The choke cable was not extended from the cable housing enough, but with the sticking jet, it didn’t matter. The jet connecting rod was not properly set. Finally the float chamber attachment bolt (the one that basically cradles the jet) was misaligned.
Firstly, I removed the entire jet adjustment assembly and began polishing each piece in order to stop the sticking. For the record I think it was sticking because of age and wear and also because the float chamber adjustment nut was misaligned. For the jet itself, I chucked up the clevis pin attachment very loosely in my drill. Then I took a piece of 600 gr wet sandpaper and polished it to brand new (ps... I tried toothpaste, I didn’t clean it completely off the jet at first and the toothpaste ended up turning in to almost rubber when it mixed with the gas. Obviously, I got too ahead of myself. But neat chemical reaction. Anyway...). I took a different piece of 600 gr wet sandpaper and rolled it up and chucked that in to my drill and polished the inside of the float chamber attachment (jet cradler nut) as well as the bottom half jet bearing; the jet touches this and the jet cradler nut. i cleaned up the rest of the jet adjustment assembly and put it back in the carb. I really think it’s worth pointing out that the jet adjustment assembly is best to put in with the suction chamber assembly, jet lever (brass piece that connects the jet to the choke cable), the jet lever link (connects the choke cable housing to the carburetor), and the connecting rod that connects to the choke rocker lever removed and out of the way. Basically have a clear shot from the bottom to install the jet assembly.
Now I was told again and again that you need to line up the needle with the jet and you get a nice metallic clunk from the suction piston. I had done that, piece of cake. I did not know that the jet had to move just as easy. I guess it sounds silly that I didn’t check it, but I didn’t realize the mechanics of it until I saw it functioning perfectlyg. (Now it’s obvious). Once everything moved as it should with the screws tightened down i started pieceing the carb back together. The other adjustments were obvious - adjust the connecting rod so the jets open and close equally. Choke cable needed probably 3/4 of an inch more slack, I would guess there is about and inch and a half of cable at the end. I adjusted this several times. Basically until the could pull the choke cable in and out several times and got the same result. Added some oil to the dash pot and tuned the carb as usual.
Anyway, I’m putting this up because while there was some great info here, there is not a lot of info available in general about setting the choke up properly. I hope this helps someone down the road. Feel free to continue to add any tips here.
Thanks!!