Well I did a little investigating and found a likely culprit for something at least- the carb on the #1 cylinder is totally missing the air/fuel mix screw. Either that, or it's broken off in there. Now I would think that would make it run super rich, but I'm just guessing. I took the plate off the air cut off and the rubber looks perfect. I'm assuming the rest are in a similar condition. Service records for the bike show a carb rebuild as recent as 2010.
Now, a little more detail about how this bike runs. It starts up right away, with choke needed when it's cold. I've set the idle to about 1500 rpm for a warm engine. When I first start it I have to hold the throttle to this or it will stall (the cam chain needs tightening as well, which doesn't help) After riding it for a bit it sits at the rpms I set. Of course, none of this matters until I get a mix screw in there. I've been searching all morning and haven't found a place to buy just the screw. Anyone have a source for these or an extra laying around? I'd rather not have to buy a whole rebuild kit if I can avoid it.