Is the "Shimano" emblem supposed to be sitting upright when fully locked on the turnkey part of the palming side plate? If it is upside down when fully closed, how easy is it fix? Could it have just been installed upside down from the factory? Is it can easy fix to correct? Thanks for any/all help and best wishes on the water!

If it's closing OK I'm guessing it could have been installed backwards. I'll bet @Delaware Valley Tackle would know.

The one I have here sits at about 45* when snug. I think you can rotate it 180 by removing 2 screws in the inside. 

The turnkey needs to be aligned in a position where the spring is at the top. On the brake case you will notice that there is a dot, (circle) on the rear. Align the circle with the spring, and the correct position will be achieved.

Cheers,

Terry.