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There should be 2 screw in the middle of the rear axle with locknuts on them. Loosen the locknuts and adjust the screws as needed then tighten the locknuts. There should be 1 and 1/2 inches of play up and down with the rider sitting on the quad.
Probably pointing out the obvious but, make sure you turn both screws the same exact number of times so the axle stays square. There should be paint already on the bolt heads so you can see how many turns you run.
yep, loosen top and bottom bearing carrier bolts then loosen up the adjuster bolts and you should be able to rock the bearing carrier back and forth by your hands then just get it as tight as you want it then tighten the bolts up and make sure the adjusters are in the same amount, also helps if somebody sits on your bike while you make the adjustments for the chain.
2001 Banshee: Bored .020 Over, Vitos SS Pistons, Toomey TR-6 Pipes, K&N Pro Flo, .030 Milled Head,+4 Timing, Modded Shift Star...Etc etc.
2003 Banshee: Bored .080 Over, Wiseco Pro-Lites, F.A.S.T. Coolhead 21CC Domes, DMC 916 Pipes, Ported, Hotrods True/Weld Crank, VF4 Reeds, +4 Timing, UM Alum Airbox, K&N Pods /w Outerwears....blah blah too much to list.