You might wish to check out this post and method: modifying the emulsifier tubes (unfortunately, typoed "emlusigier", so no one can ever find it...
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My two cents: go to the 105 jets and put the needle back up, modify the emulsifier holes. Drill the upper 8 holes to .039". If that is not quite enough on the later bike (do you have -081 carbs?) then also drill, one at a time, the lower 4 holes. Try it after each additional hole.
When mixing air with the fuel, the RPM range follows the holes: the lower holes affect the lower 1/8-1/4 throttle range and the upper holes the 1/2-3/4 range. Most 750s do better with the upper holes drilled: it reduces the wetness that makes the smoke you are talking about. 
Can someone provide me a link to this thread? I can't find it. I tried to theorize in another post about those holes in the emulsifier, I'd be very interested to see discussion on it. Thanks!
Here is my "short post" on the topic:
http://forums.sohc4.net/index.php?topic=7401.30Steve D. just added it to the FAQ.
There's another, much longer, thread about these holes somewhere else, where I was talking with several others. The 750 bikes, until late in the K5 series, were tuned in Japan. Most American sites are higher than that. I have seen some differences in hole sizes on K5 and K6 carbs: more like .035" holes from Keihin, stock.
Basically, the top holes (8 of them, OEM size .031") should be drilled progressively , starting at .033", then .035", .037", to about .039" maximum (above that there is no additional benefit), and tried each time to see if you like the results. The upper holes improve fuel atomization in the 1/2-thottle and higher ranges. The midrange really snaps to life with this change.
The lower 4 holes bubble the fuel at lower throttle settings more than the upper holes do. I usually drill one of these at a time, until the "blubbering" in the low RPM range of 1500-2500 gets better. This problem is worse on bikes with pod air filters that don't have the velocity stacks of the stock airbox, and the drilling of these lower jet hole helps with the transition from the idle circuit to the low midrange. It will not, however, completely cure that problem: only velocity stacks will.
But, before drilling....always pull out the tubes and look very closely at them under a magnifier: the fuels we all have contain quite a few minerals that make a calcium-like crust inside these holes over time. So, start by removing that stuff. Then, when you are finished drilling to the desired hole size, take a countersink (a real one, not the next-size drill bit) to the outside of the holes, to remove the burr that will collect this crust in the future. This will make your work "stay", like a good dog...
