Hi Joe,
I would start with the most simple test first. With a cold engine, less than 35 degrees C, hook up a test lamp to the lug on the cold start valve and ground the second lead. Turn on the ignition. While the starter is engaged the test lamp should be lit. Once the car has started and the starter has disengaged the test light should go out. If the car is very cold like -20 degrees C the test light will stay on a maximum of 12 seconds. If this test works as described you have confirmed that the cold start relay and thermo time switch are operational. If the test fails the problem is in one of these devices or with the wiring.
I took my cold start valve off the intake manifold to inspect and clean it. It was in great shape so I probably didn't need to do it. The two lines running to and from the CSV are fuel lines. Do not bend these lines. If you do remove the CSV you will need to make new gaskets for the valve to manifold and the solenoid to valve. The CSV is pretty simple. I have some pictures of the device if you would like them. Send me your email address and I'll send them to you. Mine is lax882@aol.com.
Good luck
,
Jeff