But sometimes it will sit there and idle normally, only to cut off like someone turned off the key. No coughing, stumbling, spitting, dying, etc. Just OFF. Then it'll fire right back up.
I'm now leaning towards a carb problem. And I believe that it's in #1 alone.
once).
These two conditions can not be true. If a single carb is acting up, the entire bike will not suddenly die. I know you know this, but you are not looking at the big picture.
I agree with you, your #1 carb is out of whack somewhere due to its irregular firing. However, that alone can not and does not resolve the sudden disruption of a solid idle, a high idle, and immediate termination of the engine.
For the high idle/immediate quit, my inclination is to turn your attention to electrical/ignition. I realize you have replaced everything from the plate to the plugs, so that would say a power source problem (meter all leads, grounds, running voltage) or examine the advancer mechanism. Is it functioning properly? Is the stud tweaked?
I'm helping DusterDude chase a very similar issue on his K1. He's got other variables contributing, but proper exclusion of causes is as much the root of troubleshooting as determining the contributors to the problem.
For your carbs: if the brass is all perfect (checked), the fuel level is perfect (checked) they synch up equally (checked) and they generally run well, then your attention has to be oriented to ignition behavior and the power feed of it.
I would be very interested to see the behavior of the battery, regulator and rectifier, and the stator output during these moments of "suddenly dying". It almost sounds to me as though the bike "quits" electrically due to a component heating up. But since you've replaced nearly everything, which one? Move backwards in the chain of the power source is my advice.
Sorry for the long winded reply, but sometimes the forest for the trees is the correct focal point