NO!!....set that idle speed screw (the one under the air cleaner) so the gap in the carb is at about a 1/16th or less with all the electronics ON (with the servo's set in their neutral positions)and leave it alone for now...
Start from scratch to break it in....there is ALREADY a thread about tuning help...go there and follow my instructions there...
http://www.rcuniverse.com/forum/m_3965371/tm.htm
Then once you get it running...go to this link and follow this break-in procedure..
http://www.rbmods.net/enginetempering.php
The biggest thing about breaking in and tuning these motors is PATIENCE...don't get frustrated and just start cranking on screws and you can't just fire these cars up and start ripping around...you have to break it in properly first....take your time and do it right or you are just going to end up with a pile of crap.