From all I've read on this site, and from a small amount of experience myself, I think the way the WRD works is:
1) Changing the round internal shims/washers adjusts the progress of the WRD relative to temp. At a minimum, you need to be sure there are enough shims/washers so the air passage closes completely when hot. But regardless of how you set these shims, the air and fuel still change in tandem, and their relative proportions (i.e. mixture) does not change. This is because there is a fixed distance between the air plunger which controls air flow, and the protruding pin which controls fuel enrichment.
2) Changing the oval shims between the pump body and WRD adjusts the warm-up mixture by moving the pin in or out relative to the FIP without changing the air plunger position. This changes the mixture.
To get things set up, I think the steps are:
1) Be sure the WRD device is not seized up, that the plunger moves as the thermostat is heated, and that the air passage closes completely. Take the thing off the car, attach a little hose to the air fitting, and dip the thermostat in a pot of water with a thermometer. Heat the water, and try blowing through the hose as it warms. You'll feel the passage become restricted and eventually shut off at about 160F. If it doesn't shut off then, you'll been to adjust shims.
2) Put everything back together, warm up the car, and be sure you are well tuned for warm running - mixture, timing, dwell, no vacuum leaks, etc. As the car is warming up, periodically check the WRD air intake. It should be sucking air for a while then stop once the car passes 160F (roughly).
3) Now you need to let the car get cold - completely cold. Start cold, and check mixture as the car warms up. Check at several temperatures, and each time write down whether it's lean or rich (use the split linkage test). Once warm, the car should return to proper mixture as in step #2. If it doesn't, then you need to figure out why.
4) Based on the warmup mixture results and notes taken in step #3, adjust shims between the WRD and FIP body to richen or lean. Then you need to let the car get cold again and recheck.