Car sometimes dies on deceleration then hard to restart, Is attached pic the deceleration valve? Options

[auto_cran]

So we just fixed a fuel smell issue - bad hoses from the tank were leaking. So after pulling the tank and replacing those hoses, the leak & fumes are gone.

On the test drive - car ran good. But a couple times when coming to a red light, it would die. Restart up just fine & go. But after 15 min, and this happening a few more times, car wouldn't start. It would turn over, but no start - like it was flooded. I could hear the fuel pump running. Fuel pressure still at 35. After waiting 5-10 min, it would start.

Seems like when it dies, it's always when decelerating. Haynes manual mentions a Deceleration Valve. Would this have anything to do wth my problem?

In the engine bay, the fuel regulator is not hooked up to the Deceleration Valve - the end for that hose is plugged.

Along with that, I'm not sure I even have the Deceleration Valve. Is this it it in the middle of the pic - the silver thing with the 3 hoses coming out of it? If so, those hoses are not connected right (according to Vacuum Hose Layout).

(IMG:http://www.914world.com/bbs2/uploads_offsite/i171.photobucket.com-14123-1332119092.1.jpg)

Any ideas on what's causing our 914 to die on deceleration?

Car is a 74 1.8 all stock (L-Jetronic).

Thanks!

Chris