Hi Craig
I wish you luck with your float chamber. I tried one many years ago, but didn't get on with it, as it kept jamming and flooding - but that was an earlier version, so yours may perform faultlessly!
Unless you are using a very large bore carb (for all out speed), a standard carb usually has enough suction at the venturi to allow the fuel to be drawn from quite a distance. I have found with the smaller engines I have used, that there is no need to have a float chamber.
One of the reasons I would use a float chamber, is to minimise the movements of a heavy mass of fuel in a big tank. When accelerating, the fuel is pushed back towards the pick up (at the rear of the tank) and vice-versa when cornering. As can be imagined, with a 90 engine halfway through the race, the fuel sloshing about (technical term
in the tank can vary the amount provided at the carb enough to make the mixture "unpredictabe".
However, if you are going to use one, then the best setup is:
1. mount it so that the fuel level in the chamber, (ie. the height of the fuel when the valve cuts it off) is the same height as the carb spraybar, (as has already been mentioned).
2. mount it as close to the carb as possible and keep the delivery tube length short (fuel filter BEFORE the chamber to pick up muck before it jams the float valve)
3. If possible, use an anti-vibration mount to minimise frothing.
4. mount it absolutely vertical to the normal running angle of the hull.
If you are running a pressurised system (another thing I never found reliable), you may find that it runs rich when the tank is full, and leans off when getting empty (the air in the tank compresses more easily than the fuel), so you may still need a third channel for mixture control.
Another thing I see from your photo, is that you are using the standard carb throttle arm (similar to an OS arm). This is a piece of thin steel with a Z bend in it. The bends are a weak point and will snap, especially if used with a solid rod from servo to carb. Make yourself a replacement out of 1.5mm brass sheet, silver soldered to a brass boss (with grub screw). This will last forever!
Finally - now you've got it all set up .... take the engine back out and put the starter belt in!
Best wishes
Danny