Please let us know how this works out. In theory, it will work.......sorta. The "pot" should be used to set the guage to read full when the tank is full. After that, the only times your guage is going to be accurate is when the tank is full, or completely empty. Anything in between, especially between full and 1/2 full, your guage is going to be off. (example: at 3/4 tank, your guage will be reading 1/2) However, the closer the tank gets to being empty, the closer the guage readings will be. I think whoever said you can adjust the pot to give you some reserve is all wet, but then, I've been wrong before. But, all that being said this is a cheap fix that should at least keep you from running out of gas. The only way I know to keep all readings accurate would be to adapt a 30 ohm sender to your tank.

Good luck, and keep us posted.