Should I screw around with adjustments on the carb or just leave them alone?
Your choke is fully closed so leave that much alone. Have you checked your heat riser yet? 10-12 mpg is about normal mileage for the de-tuned 400 in 1972. As noted in the previous posts, this Holley was not one of their better efforts, you appear to have some fuel on the top of the carb, check the floats for proper heights, the gaskets and the needle valves for leakage. Given the long period of time you car was sitting, the fuel system may have a bunch of accumulated crud in it that could be lodged in the carb.
Dave