Stock 71 510 has a square adjusting shaft accessed on backside of backing plate. With wheel off the ground, turn clockwise as you look at it until wheel stops. Back off 1 or 2 detents. Wheel should be free. Repeat on opposite side.
Check every 6k.
Yes, the valve is called the needle and seat, and the float shuts off the fuel when the level is correct. Also, there is a screen around the inlet. If you need to replace it, remove the rubber fuel hose, then while holding the base, take off the small cap to remove the inlet pipe. Then you can unscrew the needle and seat from carb top.