It will rev to the redline in the first 4 gears...
No CB
Four will get to redline in top gear, except on a dyno stand
... adjusted the float levels... and until recently was running fine...
What made you think the floats needed adjustment? Could it be you have enriched too much?
... but stumbles just off idle up to about 3k revs and then runs sweet...
Are you sure the slow jets are
all in place? I once found one fallen down in the bowl
. Furthermore it would be interesting to know if you have the US carb setting or the European. For the sake of experimenting I have changed my carb setting to what we find described in an American booklet, edited in 1977. Here's the difference: Europe has needle in middle (3
rd) position, US 4
th, the latter is somewhat richer, Europe had the airscrew turned out 1 turn ±
1/
8, US had 2 turns out which is leaner. Since I have my carbs set to US spec, I have a little bit of the symptom you describe. In general I do not recommend changing the needle position unless PO has messed with them. I hope you have not cleaned the slow jets with material harder than brass and accidentely reamed them. What airfilter do you run? Provided ignition* is OK, I suspect a too rich mixture. Your
and until recently was running fine gives a clue where to look first: the things you have done
recently.
* CB500/550s should regularly be inspected for possible arcing between plugcaps/plugwires and the head. Easy test, best seen in the dark.
For condensers watch: //www.youtube.com/watch?v=t3cuvGVwnjI With engine running, see if there's excessive arcing at the breakerpoints. A tiny bit of sparking is normal, excessive sparking is not good. In this vid left condensor (1+4) is bad, right condensor (2+3) is good. Test is best performed with engine fully warmed up.