It may be that the emitter is not well centered on the board. I had one that had this problem. You can carefully pry the emitter up off the double-stick heat transfer tape and move it a bit without having to unsolder it, but be very carefull, the leads to the emitter are fragile and if you break one and then power up your LS, you will destroy the chip in the power supply. I learned that one the hard way. Un-soldering the emitter to move it is a bit safer, if a bit of a pain.
One trick I did find usefull was to place the board in my LS with the retaining ring barely tight. Get a battery holder for 3 volts worth of batteries and a couple of alligator clip test leads. Clip negative to the head and positive to a pair of needle nose pliers. Grab the positive contact on the board and you can spin the board and see the effect at the same time. Of course when you tighten the ring the board will spin but once you know where it needs to end up, it's not too hard to compensate for the amount it will move when you tighten the ring.