I have been riding hard tails for a long time, but recently traded a dead vehicle for a full suspension bike. I'm getting used to it I guess. It is a K2 Lithium 3.0, not a high end bike by any means, but hey it was practically free.
The suspension is a four link where the shock is mounted vertical forward of the seat post.
The top link has two mounting positions. The one closer to the seat tube offers more leverage on the shock, the more forward mount offers less leverage.
My questions are:
Is it better to have more leverage on the shock and higher PSI?
Is it better to have less leverage and less PSI?
How do these different settings effect the rebound adjustment?
Thanks!
http://www.steelnthings.com/bikes/P1011559.JPG
You can see the holes in this picture.


