Looks to me like we have the Niagara Falls of fuel delivery. I think the way to fix this turkey is to:
-Install an OEM needle jet
-Install an OEM slide needle
-Replace the float needle & seat
-Install a float seat retainer and screw
-Adjust the float level
-Manufacture a custom idle mixture screw
-Machine the carb body to accept the custom idle mixture screw
We can do this. Best to start by fixing up the leaky float needle & seat, and installing a good OEM needle jet and slide needle. Let’s see how it works with those big problems fixed. Then we will know if it is salvageable.
I installed a new float needle and seat from an aftermarket overhaul kit. They are all yours ThumperLife, gratis. I readjusted the float level to 28mm. The subsequent mineral spirits test was satisfactory, 5 minutes, no leakage.
I temporarily installed my OEM needle jet and slide needle. Rather than fiddle around with the spacer, I left my .065” spacer on the needle. The OEM needle only has one groove, so no need to ponder which groove to put the eClip in. If the carb works good, we know that new OEM parts will fix the problem. I will take my parts out after the test.
I set the bogus mixture screw at 1.5 turns, and jacked the idle speed way up.
Let’s see how it works. This video is proof of life.
https://www.youtube.com/watch?v=MYQntw1ahBQ