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Need some help here..
What is this supposed to do?
It's the little knob on the end.
It's what I believe to be the idle adjustment knob...
But you tell me..
its a throttle tension knob, it tensions the throttle twist, kind of like cruise control. if you tighten it some it will relieve the pressure on your wrist of holding it at wide open throttle at long distances runs, but be cautious not to tighten it too much to where it might get stuck wide open.