Alright Ill try to hit everyone here as well as post up some results from tonight. Unfortunately I am going to the beach this weekend and can't work on the thing as soon as I had hoped. Maybe Ill get a few things knocked out Sunday when we get back.
Timing advance is free moving, is it advancing correctly? Who knows. I will spend some time with this and report back.
Getting a healthy enough spark although it could be better. I changed the wires, caps and plugs. For a while was looking at a dynacoil set up. More on this with some multimeter work I did tonight...
Patton:
I am hoping it is not a fuel problem as I abhor taking these carbs off the bike. They were cleaned recently but it did sit for some time with E10. I will look into the clear tube testing, although if I have to take the carbs off again I would just as quickly swap in a suitable setup with mechanical slides. I don't like the idea of air pressure doing the work that my wrist can do!!
After I exhaust my other options that is where I'm headed. Hopefully we don't have to go there. Could the air bleed for the pilot circuit be clogged?The plugs are pretty dark maybe its running rich at low speed?
What has me leaning towards fuel issues is that I have tried jump starting with a bigger 12V battery. While it is easier to start with a strong battery, the low RPM hang still exists. That being said I think is high time for a new battery. Possibly pursuing one of those fancy Lithium based cells.
Alternator or rectifier is definitely not performing as I could never get above 13V at the battery while running. I checked Vac between yellow alternator leads on the fuse side while running and measured 12-20Vac. Manual says I should have 75Vac here, but I did not disconnect like they suggested.
What about these mythical capacitors? Where are they located?
Moving forward I am probably going to replace alternator/stator and battery just to eliminate low voltages all around. I will look at timing advance which means I'll be getting a timing light. Once I eliminate all this, we have pretty much proved the issue is in the carburetor. I am going to look into some different carb options as well as I would rather be tuning a new set of flat slides then repeating the cleaning process and expecting different results.
Cheers guys thanks for the good feedback