Thanks guys. It seems that when I open up the air valve too far then it skims wetter or tends to overfill faster as would be expected. I am guessing that Roger is saying that by running the water level lower in the tank it may in essence lower the head pressure on the pump allowing it to push more water (and also air).
I have been feeding brine shrimp lately to the clownsfish and that really messes up any skimmer and makes for big bubbles that pop quickly since the brine shrimp are gut plugged and probably oily and it happened with other kinds of skimmers too and that is making it hard for me to get dialed in so the input was helpful and appreciated and will help me get dialed in quicker.
I could not be more pleased with the skimmer as it's silent,does not add heat, and does not allow bubbles to get into the tank.