Howdy Back Harry:
Yup, that's the 3rd adjustment. To adjust, turn the dashpot or the set out/away from the idle stop. IIRC both are threaded and either can be used to adjust the point of engagement of the dashpot. Once there is clearance, finish adjusting the curb idle stop, the fast idle setting, and the low speed air screw setting. When you're satisfied with all of these, adjust the dashpots point of engagement.
The dashpost is designed to slow the rate of deceleration of the engine rpm with a vacuum canister. This is only an issue on engines with an automatic trans. These engines have a dendency to die when coming to a stop in traffic. If yours has a wire to it it may also have a solenoid activation. Either is adjusted with the same procedure. About the only adjustment is the point of activation. The farther out/sooner it makes contact with the linkage the sooner it slows the rate of deceleration. Farther in/away from the linkage it begins to function at a lower rpm. Once contact is made with it the rate of deceleration will be the same.
Personally, I like a quick rate of deceleration and have had little or no contact with the dashpot. With an auto trans, you will have to set the curb idle about 200 rpms faster than with a standard trans anyway. Which may be enough to keep the engine from killing when coming to a stop.
Let me know how it works out.
Adios, David