Didn't found the right nipple or banjo bolt yet to do a proper adjustment. So I followed Jono's advise and turned it one turn when I installed it and after a 10 minute drive gave it three more full turns because it was shifting to soft. A fourth full turn made the shifting worse. It shifts nice and crisp now.

Decided to do a flush as well as the oil was pretty dark and dirty, even that I did a flush about 15K miles ago when I just got the car. It clearly needed a flush, the filter and bottom of the pan had a thin layer of metal residue. No large metal parts or slivers.

Will take it for a ride tomorrow and report back.

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1979 Black on Black, 300CD (sold), 1990 Black 300SE, Silver 1989 Volvo 780, 1988 300CE (vanished by the hands of a girlfriend), 1992 300CE (Rescue).