The one directly underneath the carb. Why is there a locknut on it. It looks to me like it would be better to just let it free float; it's not like it's going anywhere with a cable running through it.
I break the shap edges of the guide with a counter-sink for that reason.I also cut the arm off the shaft and ad a piece to it so that it lines up better.It hurt my clutch cable. The angle where it exits the guide to hook up to the clutch lever is so sharp it wore the cable in two in less than 20 miles. Can't have disengaged the clutch a dozen times. Can't decrease the angle because the knurled part of it is hitting the clutch housing. I've read that you can take the clutch lever off and reposition it but I didn't have any luck trying that.