Update: Man this R is weird.....
I checked the gas cap and vent nub - good air flow
I checked gas flow through both circuits of gas shut off - good gas flow
I checked the stator - 183 ohms
I checked the Pulse gen - 114 ohms
Coil checked perfect when I put it on two weeks ago
Checked all wiring harness connections - good
Did another compression test (in case I fried something yesterday) 180 psi still (whew)
New plug at .020"
Ok, it was about 25 degrees today (it was 6 degrees yesterday) I put in a #170 (up from the #162) main jet and lowered the clip on the DGG needle, one notch, to the 5th notch. Started it up and it was blowing a lot of smoke. Warmed it up, still smoking quite a bit. Took it a couple quick loops through the gears, and it bogged the whole two loops, through the gears, and no matter where the throttle was. A few "hiccups" as it bogged. While it didn't want completely die out like it did when I ran it lean, it had 1/2 power and boggy. Well, its just too rich now, I figured, and headed back a short distance, putting along, idling and 1/8th throttle, and by the time I got to my garage, it seemed to be running smoother. It revved from a slow idle super snappy when hitting the full throttle as fast as I could. So, I took it for another quick loop in the side lot, and it seems to run clean, and snappy, and fast, like it should. Throttle response was as snappy as I could want it! What the heck?
So, I figure one of two things is going on.....there is an intermittent timing issue, or other electrical problem that comes and goes, or, and hopefully most likely, I simply had the cylinder loaded up with fuel and oil (from kicking over about 30 times WOT, for the two compression tests), and it took a few minutes to clear it out.
Regardless, as I parked it, it seems to run like a champ. However, I plan to pull the stator cover and make sure everything is tight and clean in there. What could make the timing change or shift, if indeed that is the problem? What can I check for, in that regard?
I also plan to obtain some 90 octane pure gas and some vp110, and mix it 3:1, for a no ethanol 95 octane fuel, to run in this thing. I also plan to pay more attention to the constant need to monitor jetting for weather changes.