Another Boggie One

As far as using the timing port as an indicator of whether the throttle blades are open too much at idle rpm, that sounds reasonable. However I would not count on that. The carb could have a long t-slot on the primary side or a timing port that is well above .035 or .040" exposure.

This from the Urich and Fisher Holley Carburetor book illustrating the importance of correct throttle relation to t-slot .
(Link in this post: Carb knowledge help needed)

The conditions where too much or too little t-slot is exposed are circled.
I crossed out the idling characteristic that may not apply especially with a four corner. With 4 corner idle, you've roughly doubled the potential fuel delivery at idle.
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Adding holes or filing the throttle blades are traditional correctives, but should only be done if needed after other tuning (timing and air adjustment).