I would clean and lubricate the 2 ratchets. Make sure the return springs are OK.
As for the carb... assuming you have an MFS9.8A2. Year is irrelevant.,, I would do a Proper carb cleaning. The accelerator pump in the picture was used on some Mercury and european models. Not used on US versions.
Pressures should be close. I get my Tohatsu tools from Tohatsu:
TLDI PRESSURE GAUGE KIT
Description
Dual gauges allow for testing of both air and fuel pressures simultaneously. Connects to shrader valves at fuel rail.
Liquid filled gauges for accurate pressure readings. Prevents erratic needle...
I take it this an MFS9.9E. That's EFI. Of course, the fuel line is under suction when running. So the bulb might get soft. Not an issue, and the motor should continue to run OK