Maybe, if you look at adjustment a bit differently, it'll make more sense to you.
There are two adjustments for extension. Think of the gear pack as the course adjustment. That's when you move a "tooth or more than one tooth". Then there is a "fine adjustment" with the bolts on the end of the bracket.
Take a look at this pdf file and you will see the "two bolts" (#3) that are the "fine adjustment for extension".
There is also an adjustment for height on each ram. I would not consider any height adjustment unless you have a significant issue with the slide being higher on the front end or higher on the rear end of the slide. If it sits in the slide opening and is "even at the top on both ends" (within 3/8" or so) then I'd leave the height adjustments alone.... The "bracket bolts" are called the "carriage bolts" (#2) in the pdf and the actual height adjustment is made with the "jack bolts" (#1).
Your issue I believe, if you're saying it's too much if you move the gear pack a tooth, then the "fine adjustment" will probably get you close.
Now, for a "second potential issue" that is NOT RELATED to the adjustment above, if your slide is "jumping a tooth", as Chuck indicated in post #13, there may be an issue with the outer ram being bent/worn, allowing the inner ram to "jump a tooth" as pressure is applied to extend/retract the slide. This issue is typically not seen with a "slight out of time" as you're explaining your slide. Typically, if you have a "ram that is jumping a tooth", you'll know it by the "loud bang/jumping slide with a noise and a shudder". If you don't remember feeling and hearing something that caused you to ask, "What in the heck was that"... Then you likely don't have an issue with the wear tab on the outer ram tube.