Hi Dmc,
Nice bike I'm fond of the F1 in red.
In addition to the already posted, engine state of tune and condition posts,
Have you had time to try the clear hose method for verifying float levels?
If your red F1 carbs are original, you'll have to follow the clear hose post for temporary modifications. If you choose this method for determining float level.
I had to install new Keihin jets in mine for a new base line. The emulsion tubes / jet holders were unique to,75-76 I think, and are no longer available. I called old Honda dealers and found nos.
Factory jetting, was 105, 40, middle clip, if I remember correctly. We're at 400-500 ft. Mine has K&N individual oval pods and 4-1 Yoshimura, so my current jetting will not be representative of yours. I'll be reinstalling my factory air box, if I decide to leave the displacement alone.
You'll know when you have it right, she'll carry the front wheel in 1st when she climbs on the pipe, even stock.
You have a very nice survivor. Spotting the tank door sticker, I wondered if yours still has the speedo sticker attached too.
Have A safe and healthy retirement