Take a carb drain screw out and check the flow rate there... you can make a trough out of foil and direct the gas into a jar to pour back in the tank. It should trickle out, if it just drips you have a definite problem. The flow will never be as strong as an open tube on the petcock. The float valve, even fully open, offers a small orifice. The ID of the carb fuel fittings is smaller than the tube. The fuel system must deliver as much fuel as four carbs can need, so flow from one carb has to be less than 1/4 of the open petcock flow even at the end of reserve. This is easy to check, just time filling any jar to some marked level.
I don't know the maximum fuel consumption of the engine. Assuming it's a 750: I estimate about 240ml/min maximum, 60ml/min per carb. (Volumetric efficiency is best at the torque peak, 7K rpm. Overestimating this efficiency at 100%, you have 2625 litres of air ingested per minute - 3500 intake cycles x 0.75l. This is about 3.16kg of air, using a 14:1 ratio you use ~.225 kg of gas. Gas weighs about .920 kg/l., so 244ml. Because volumetric efficiency will never be 100% it is probably less than 200ml in reality)
That's not a lot of fuel, really. If you can't flow 60ml of fuel in a minute through a carb, something's wrong for sure.
I have seen bubbles in many fuel and fluid lines. The fluid flows past the bubble pretty freely as the bubble "floats" up into the fluid flow. There's no restriction. If fluid could not flow past the bubble, the bubble would simply be pushed through the hose... and be gone. With enough flow the bubbles do move on until the next time air gets in there.
Bubbles are not a problem.