Join Date: Jul 2007
Location: Anaheim, CA, USA
The adjustment moves the lever up and down, but it doesn't change how far you must lift it or depress it for upshifts and downshifts. If you have a thick boot, you may want to raise it a bit to fit the boot underneath it for upshifts, but then you have to flex your ankle more to get on top of it for downshifts.
I keep a small 10mm wrench in my glovebox to adjust it. After I insert or remove my peg lowering kit, it usually needs a few tweaks until it feels "just right". It is so quick and easy, you can tweak it at a fuel stop, without delaying your friends.