The problem with going into a sudden dive was that the fuel rose to the top of the float bowl, and then poured down the float chamber vent lines into the carburettor intake and flooded the engine with raw fuel, causing it to stall. Fuel also flowed into the carb throat through various small low-speed passageways and so on that connected to the top of the float bowl.
At least, that is my understanding from the article Duncan linked to.
At the same time, it says, the float tried to “float” on the fuel that was now in the upper half of of the float chamber, so it actually pushed the float toward the (normal) bottom of the float bowl, thus opening the float needle valve, providing more fuel to keep the flow going down the vent tubes into the carb intake.
They had similar problems when flying upside down too. But the sudden dive problem was what allowed the German fighters to escape without the Spitfires and Hurricanes following them.
The US Packard-built Merlins were fitted with Bendix diaphragm “pressure” carbs that did not have this problem. They were impervious to attitude or G forces. So eventually RR fitted the same kind of carb and the rest is history.
The Shilling Restrictor was a stopgap measure that restricted the amount of fuel that could flow into the floatbowl so it could not supply more than the engine could burn. Crude, but simple and basically effective along with check valves in the vent lines and some other mods.
It’s all there in the linked article. Quite an interesting read. And the author refers to it as the Shilling Restrictor and says it was also officially known as the RAE Restrictor. No mention of nudge-nudge-wink-wink orifices, and quite rightly so.