OK. Here's what I did today.
Adjusted the timng belt one tooth each way. It runs best when set dead on... which it was when I pulled the cover.
While fooling with it, I found that the engine would flood out if it didn't fire quickly... in that, I also found fuel seeping between the throttle body and the little black spacer thingy that is under it.
On a whim, I pulled it.. since it has a burned/melted spot on it anyway. When I started it up, there was this HORRID squealing noise.. that sounds like either vaccum or air. I dunno.
Eitherway.. anyone got some idea exactly what purpose this thing serves?

OH! after i pulled it, I got the vaccum up to 12in...