Well......I was all ready to perform the leak down...hooked up the hose...dang tester gauge is broken. Still hooked it up and could hear and feel quite a bit of air coming out of the carb. Will return to Harbor Freight tomorrow for a replacement to get an actual reading.
Something else that i noticed....I noticed there was some gas under the fuel shutoff solenoid. Not much below the solenoid but quite a bit had pooled up in the wiring harness. I can only assume this is not the first time gas has pooled in the harness.