your in luck Reavis, I just tore apart my carbs (1976 CB550K) and am rebuilding them today / tomarrow, so I have pics

When they refer to the clip position they are refering to this piece

Which sits inside the throttle valve here (on the right side of pic)

The forth clip (notch) position from the top of the needle is the standard position for 550 carbs.
I am no expert / old timer or guru for tuning so I will let someone else suggest settings for your situation, good luck