Seeing BaconB8's tuning thread motivated me to post my experiences and questions and it will be interesting to see his results, too. I bought my 84 GT 3 years ago and it came with what appears to be a freshly rebuilt 80163 4180 service replacement carb. Sadly, the gold dichromate finish was stripped.
Tuning by pulling and examining hot spark plugs always seemed like voodoo to me (no offense to those who have mastered that art ... reading plugs, that is) so I bought an Innovate LM-2 air-fuel ratio meter and data logger. I also purchased the clamp-on tachometer input to record engine speed. I finally got the O2 sensor installed a few months ago. The guy at the muffler shop did his best, but I now realize that the job would have been a little cleaner if he'd taken a wire wheel to the pipe to scrub off the oxidation, first. The location that I chose for the O2 sensor is the part of the factory y-pipe that comes from the driver's side exhaust manifold. There really wasn't any other place to measure the exhaust upstream of any cats. This arrangement probably has drawbacks (like not measuring the other bank of cylinders) but I didn't think installing another O2 sensor on the passenger side (which would have been almost impossible to access, upstream of the lightoff cat) would make much difference.
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