A question in a different thread prompted this thread.
A carburetor "leaking down" is generally a misconception by the enthusiast. Can the inside of the manifold under the carburetor be wet? Certainly. Can the fuel bowl be low? Also certainly.
So if "leaking down" is a misconception, what causes the above?
The answer is generally the volatility of modern fuel. Volatility of any liquid is measured on a scale called the Reid Vapor Pressure Scale (probably because a gentleman by the name of Reid devised it). The scale refers to the propensity of a liquid to vaporize at standard conditions. The higher the number on the scale the more "volatile" the liquid, or, greater ease in converting the liquid from the liquid state to the gaseous state. The scale in scaler in nature, rather than exponential.
Gasoline volatility in the 1940's, 1950's, and 1960's could vary from maybe 5 to 6 1/2, depending on the season (winter fuel is designed to be more volatile than summer fuel) and the locality.
Today, other than gasoline especially formulated for auto racing, or for aircraft use; I doubt seriously that one can find fuel with a Reid VP of less than 10. So, apologies to the moderators, this truly is a "political" issue; where various government agencies have regulated the fuel companies.
So what actually happens?
When the engine has been running, and up to normal operating temperature and then turned off:
(1) the inlet check valve in the fuel pump closes, preventing fuel from draining back to the tank.
(2) the residual heat in the engine heats the fuel in the fuel line, and, due to the volatility of the fuel, creates a pressure which the carburetor fuel valve/float combination cannot withstand.
(3) the carburetor fuel valve opens, allowing the pressure in the line to be bled off, in the form of fuel flowing into the carburetor. Generally, from 1 teaspoon to maybe 3 or 4 tablespoons will flow; this will vary with the diameter of the fuel line, the length of the fuel line from pump to carburetor, and the proximity of the fuel line to the engine.
(4) the level of fuel in the bowl is raised ABOVE the main discharge nozzle(s).
(5) fuel then flows through the main discharge nozzle(s) and drops down onto the throttle plate(s). If the throttle plate(s) is/are closed, then fuel runs out of the throttle body beside the throttle shaft, and drips onto the exterior of the intake manifold. If the throttle valve(s) is/are cracked open, then the fuel runs down into the intake manifold beneath the carburetor.
But why is the fuel bowl low when you just said it was too full?
When the equilibrium point (where the pressure from the line can be stopped by the buoyancy of the float and fuel valve) is reached, additional fuel stops flowing into the carburetor. But the engine is still hot, and fuel from the carburetor bowl begins to vaporize, and escapes the bowl through the bowl vent into the air cleaner. As the pressure in the line has subsided, the level in the bowl is lowered.
Well, can a carburetor leak down?
Most cannot, unless the vehicle is parked on its top

(upside down). Why? Most carburetors have fuel circuits that require the fuel to rise above the fuel level in the bowl to flow into the throttle area.
Are there exceptions? Yes. The most common exception is the Holley model AA-1 (a.k.a. 94). This carburetor utilizes a diaphragm type power valve (a.k.a. economiser valve) that has a direct passage below the valve into the intake manifold. If the power valve blows, fuel drains by gravity directly through this passage to the intake manifold. The Holley AA-1 was introduced in 1939; shortly thereafter, the term "leaking down" was coined.
Another example is the Holley type 4000 4-barrel. There are bleed holes in the top of the bowl cover that have a dual function: (1) an air bleed for the secondary circuit, and (2) an "air brake" to prevent syphoning of fuel through the secondary once the secondary has been activated and then deactivated. Holley service literature instructs the enthusiast to check these holes periodically and make sure they are clean. Unfortunately, much literature printed in this period went the way of the Sears and Wards catalogues

The service literature was better, as it was not "slick" paper

but I am showing my age.
OK, so is there a "fix"?
Yes, there is a fix, at least to the leakage. The fix involves adding a return line back to the tank to relieve the pressure in the fuel line. The easy way is to acquire a three-line (inlet, outlet, return) fuel filter from your FLAPS, and install this filter right at the inlet to the carburetor. The return line will be smaller than the inlet and outlet lines; thus a 5/16 inch fuel line would have a 1/4 inch return line. You then MUST run a new line to run from the vapor port on the filter clear back to dump in the TOP of the fuel tank. Note that this fix will minimize or eliminate the leakage, it will not help the lowering of the fuel level in the fuel bowl.
There is another fix, but if I mention it, the moderators would probably lock the thread

and I didn't do all this typing to have the thread locked!
Jon.