As a starter it's thought to go twice the size of your gas jet.
Unlike gas/petrol running rich, it don't cause power to fall off but if it is to rich but you get the chance of blow past the rings and contaminating the oil.
Don't forget, all the openings in the carb have to be able to cope with the increased flow of fuel that is required also.
Also check all the seals in the tank and carb and make sure they can be used with methanol, also don't splash it on your paint work.
This info is from the late 60s early 70s when I ran my little Honda twin on it, I can't see the rules changing much though but feel free to get a second opinion. This info is for the use in any four stroke regardless of make, number of cylinders or where the cam is or how many.
Sam.