Ok, so since this will be a process of trial and error, would you advise that i take out the whole carb or just the top where the float is? Next, i have worries about the gaskets? Are these things tough enough or do i have to replace them every time i take it out?

Good thing you mentioned that adjustment is 1/16 to 1/8 at a time. I was thinking of going for a 1/2 inch adjustment on the first try.

I'll try to take pics and update my progress as much as I can.