The problem with the drill bit method is that it allows the adjustments to be skewed so as to not let the slides close fully. This, in turn, makes the idle setting too high, and the main idle adjustment ineffective.
With the carbs on the bench, I prefer to use light as a gauge for setting the equal positions of the slides. Make sure you can adjust each slide until the light >just< shuts off when making the adjustment. You may have to back the idle knob way off to do this. This is plenty close to get the bike running, and then do the vacuum sync.
You can still correct this after the carbs are on the bike. But, it takes a radical change on one to get the slide down it's travel way farther, and then add equal amounts of adjustment on the others to get them in the vicinity, then proceed with the vacuum sync at a reasonable idle RPM.
Overflowing carbs is a float system issue, adjustment or foreign matter causes, usually. Some carbs can hole the float and cause them to sink.
Cheers,