Sue,
When I first got my 82 LS, the throttle was slow to return, but it seemed to get much better after I had taken the throttle tube and mechanism apart
and cleaned it all with WD-40 and put a bit of grease on the gear end.. what seemed to help the most was taking the thing off the handlebar as it seemed
that some grease had gotten inside the tube and on the handlebar surface and hardened/become quite sticky that was resisting the pull of the springs.
I also replaced one or two carb springs as they were VERY rusty and looking to be on their last legs.
As you know, I've had the splitters apart, and I've replaced the upper cables for both the throttle and the choke. this didn't seem to do much as far as throttle or choke response goes, but it is all working pretty well right now. I DO also have new lower cables to install, which I will probably get to a bit later this summer - things seem to be working well now though I know the lower cables are rather worn... it is just getting in there to battle with those gosh darn splitter widgets is such a PITA ! While having the cable juntions/splitters apart, I noticed that it was fairly easy for the square ends of the lower cables to become twisted or crooked in the holder, such that they square ends could protrude outside of the plastic "disc" and rub against the shell of the junction assembly. This would certainly cause drag, but the only only way to tell is to get in there - argh ! I think a bit of graphite inside the cable splitter thingie wouldn't hurt anything at all, but it probably won't do anything to combat corrosion.