I was able to copy and paste the link you found. Seems like not many people really understand how to use them in tuning a carb, myself included. I have a couple of Holley carb books and they are hardly mentioned at all.I just did a scan on the web and saw this, https://www.quickfueltechnology.com.au/technical-info/emulsion-channels
As I understand it, the air bleeds also do something to the tilt as well, but the emulsion is to fine tune in some way.