Yeah there is a procedure and specs on it in the manual, you have a copy right? If you want to take just a little out, the cable length adjuster near the throttle is easy to play with. If you just stick with that adjuster, you won't risk getting it all out of whack, see if that takes care of it for you.
Mine had the specified play in it when I first got it, but felt like a little too much. I adjusted some out to where I was happy with it, but made sure it wasn't too tight. There needs to be enough there to account for temperature changes and stuff. I got rid of most of that "lunging" you mentioned by lightly lubricating the bar under the throttle. It was sticking to the dry metal and was really irritating.