I got in a short ride this morning, at part throttle cruise, 3 to 4 thousand rpm it reads around 10-1. At idle, it goes way lean, I suspect it's getting some outside air. It has the early 4 cable carbs, 120 mains and stock pilot jets, 30 or 35? I'm interested to see what wide open throttle reads, that may tell me if it wants smaller jets or lowered metering rods.
This is all on #1 so far. It works great, it lights when plugged in, starts warming the o2 when it sees 13.5V and when the o2 sensor is heated it starts reading. It might be more fun with key on starting but it's a temp deal so,,,