I'm bumping this up John, as I truly have no idea what a stock 402 would idle at, other than well north of 10-12" Hg. Check your timing to see if its set at the stock spec, and then change it to 12-15 BTDC, while checking your total advance with the engine at 4000 rpm to ensure it doesn't go much over 40. ( Disconnect the vaccum advance).
I'm guessing the idle vaccum should be 14-17" Hg, but that wont happen unless you have enough timing, and then you can tackle carb tune issues.
I'm guessing the idle vaccum should be 14-17" Hg, but that wont happen unless you have enough timing, and then you can tackle carb tune issues.