RECAP: 1978 cb750k with 35,000 miles, purchased it from the original owner. new clutch, carb rebuild kits (completly cleaned, pulled all jets, measured floats etc), valve adjustment and timing is done, running stock airbox with k&n factory style filter. Bike fires up instantly and will idle great at 1200rpms when warm, when cold it runs rough and real loud and clunky). For the first 5 minutes, the bike is pretty much non rideable, it will die when trying to accelerate from a stop. Throttle responds very little untill rpms are above 2500, but when warm it runs WAY better but still hesitates in the low rpm ranges (it will clear right up if the choke is pulled while riding, but then it lacks at higher rpms). The carb angles are fine etc...any ideas here? im stuck!! Is there a possibility that the valves are just that warn out? that is needs to really heat up before it runs good (not only does it run better, but alot of the odd noises go away also). Thanks
Also, the stock exaust is in rough shape internally, some have baffles, others dont. Is there anything i should do about this? cut the cones off and pull the guts maybe?