So I return from the weekend to charge the battery which had been dying due to all the starting attempts. Before even ripping into the issue at hand, I take the points cover off, setup the bike for ignition, and low and behold....I HAVE SPARK at that trouble position. Point 2/3. So I take the plugs out of 2 & 3 one at a time, and I'm also getting spark.
Now, I have no idea what changed while I was gone. I have two theories however. Last thing I did was clean the spark plugs for #$%*s and giggles which I know probably has nothing to do with the points. Theory two, the battery was fully charged from the trickle. EITHER WAY, I now have spark at ALL locations which is great.
I took float bowls off the carbs and gave them a clean. Sprayed carb cleaner in all other spots of the carb, put it back on, rigged a small gas can to get fuel in, and the thing fired right up! Fires up on first kick or electric start every time now. I'm both grateful and amazed that this has happened without much other troubleshooting.
Anyway, thank you for all your suggestions as they may help down the line. Now for the bigger project which is swapping (almost) everything over to a '76 frame. Long story behind the reasoning but if anyone wants to know I'd be glad to PM you and bore your eyes out. I'm going to start a build thread and post pictures so hopefully you all can comment and make suggestions along the way.
CHeers!