It would have to be a very tiny hole in the ram air vent to reduce the total flow. Essentially you are looking at the difference in viscosity of the air going in the vent versus the viscosity of the fuel leaving the tank. As well as the line losses for each portion, which of course is dominated by the fuel feed portion due to the fuel viscosity--especially if you have a fuel filter installed. The ones I tested caused more losses than anything else in the system with the exception of the spraybar orifice. (And you do not want the filter pressure drop to come close to the orifice pressure drop!) The other thing to keep in mind is that when there is not really much air flow relative to the size of the 1/8" tubing, the ram air pressure approaches the static pressure. And static pressure would be the same regardless of the vent hole size.
An interesting exercise is to calculate the dynamic pressure of a plane flying at sea level, at 50 mph, and at 70 degrees F. I get .0434 psi. If you convert this to "inches of fuel" and assume that the fuel used is 10%N, 22% castor, 68% methanol you end up with about 1.41 inches of fuel pressure due to ram air. So you can compare that to how wide your tank is in the lateral direction. A really wide tank on a profile and an engine with poor fuel draw doesn't behave nice. And while the ram air pressure stays the same (assuming your plane doesn't speed up) as the fuel burns off, the fuel height relative to the spraybar hole keeps changing.
The entire scenario gets worse when the fuel viscosity is high, because it becomes critical that your setup must not require too much pressure differential to draw the fuel to the orifice.
I like to get the ram air vent out into clean air first and then leave it alone. Adjust the other fuel system features after that. But if it is not in clean air, you can screw around with all kinds of other factors trying to clean up the problem and maybe you can but probably you won't.
Personally, I don't like trying to tune a fuel system by orificing the ram air inlet. I'm sure it can be done, but you are going to be messing with a range of tiny holes and it is going to be very fussy. And, I don't want to have more knobs to turn in the setup sequence--I want the dominant one to be the one I'm adjusting after all the other ones are locked down. Otherwise, you risk chasing your tail trying to turn the knobs in the wrong order and find the local minima, and not the real solution. Kind of like operating the old Fox .35 "flat needle" when 20 degrees of adjustment gets you almost there, but not quite, and you have to go around a whole turn (or two) and come back to a better sweet spot in that same 20-degree zone. That's about the worst non-linear adjustment scheme going. The only reason we put up with it is that once you found the spot, you might not need to move it more than once or twice a year....