I actually had it at three turns, but went to four (racetech says 4 for racing, not sure why that's different than the kit you bought)
Yes, spring upwards
used just at 1 quart of 15 w (called Racetech to get their recommendation on oil level)
lastly, no one is mentioning the required PVC spacers between the emulators and our damping rods..I too was unsure about this but racetech told me with the type of damping rods we have, they were required...anyone think otherwise?
see this for some good pics and instructions:
http://www.triumphrat.net/club-cafe/...lled-pics.html