I finally got it working as it should - sort of. I have the choke adjusted so it snaps shut like it should. I got the vacuum pull off adjusted to crack the choke open like it should. High speed idle kicks up to 1900 per the sticker on the air cleaner. BUT, it does not do all of this on its own. I have to manually manipulate the lever by the choke housing. Something is binding over there. I need to look at it a little closer. And I still need to lean it out to get through inspection.
While letting it idle, I noticed a significant amount of blow by. It's pushing oil out the distributor, oil fill and breather. Not a lot, but when I put my finger over the breather hole it develops some significant crankcase pressure. So I might be done anyway. I'm going to do a compression check once it cools off.