Regarding the tach cable screw in the valve cover, you're fine, that's just a retaining screw. Take it all the way out, and the end of the cable will just pull right out.
Regarding the control housing, the stock configuration is to run the wires inside the bars, through a hole drilled where the housing mounts up. The wires come back out again through another hole, between the risers.
cheers
mystic_1