Plugs sooting up are almost certainly the air screws in too far. Especially if you have the 069a carb with the solid tipped needle.
I don't care if you have and F model, unless you have the stock 4 into one muffler, you should have the carbs set up like a K model for the same year. Replacement mufflers wer expected to replace the 4 into 4.
What is the condition of the condensers? If you you swap them from side to side does the spark problem follow them?
I still don't get why you would adjust the tappets to anything besides Honda factory spec. All mine have run well with those settings. Maybe if you are racing or have a special cam, the clearance should be different. But, Honda knew how to build a pretty stout engine. But, if you must experiment, good luck!
Cheers,