I spoke with Lane last night. So the consensus is better, but not solved. Let's go back to basics. Black soot out the exhaust means pig-rich. Either too much fuel pressure overwhelming the float valves, WAY high float setting, and/or idle mixture screws way too far out.
Several people on here and on Spyderclub believe that you set the screws to an arbitrary number and that things will be fine. This couldn't be further from the truth.
Lane, do you have my carb setting instructions? Basics: compression, fuel pressure and volume, spark(timing and plug gap and clean, new plugs), and valve adjustment all must be verified first before you adjust or look at the carbs.
Lane has verified everything except for fuel pressure. $20-30. Autozone I think. I have a fitting that screws right in a Weber carb at the fuel inlet(thanks Max!).
http://www.autozone.com/test-s...ster-kit/487843_0_0/
After 3 to 3.5 lbs. of pressure is verified, then we can get the carbs set and put this thread to bed. Lane, if the black pig-rich soot is coming out the exhaust chances are the plugs are blackened enough to cause misfire, even though they are new.
I think I mentioned fuel pressure on page 1 or 2 of this thread. Lane has had two CB pumps and is currently using a Huco(I think?). I have an Autozone pump, same one for ten years and 35K. Mine is no longer available, but Mr. Gasket has one that is similar, micro rotary pump model 42s. Self-regulated at 3.5 lbs. Available anywhere in the US. Cheaper elsewhere than Autozone, but $47 there in a pinch.