I tried all sorts of fixes. Swapped plates, took apart another clutch on a different bike to compare, soaked discs in oil. No joy. I re-assembled the thing, turned the screw all the way in, and ran the bike through a track day and two race days at Barber. The bike performed flawlessly. I wish I could say the same for the rider.
My launches were top-notch, best in my class. I beat out several guys who are much faster than me. Too bad the races aren't settled in the first 200 feet or so. No I don't want to try drag racing.
My point - aside from the adjsutment issue the clutch was fine.
The engine is out of the bike now. I'm doing a bunch of stuff to it in preparation for the upcoming racing season. New gaskets and seals all around, new cam, general clean-up. While I'm at it I'm going to examine this clutch thing and sort it out. I will post my results when I know something.