Great advice, guys -- very much appreciated.
I hesitate thinking it's a carb issue, as I recently completed a full dismantle, clean and rebuild of said carbs. I won't rule it out, but they are clean and set to spec, at this point. During my build, I also de-rusted and cleaned the fuel tank. It may have some evidence of minor flash rust, but no rusticles that should be breaking off into my fuel lines. I did have inline fuel filters for a while, but temporarily removed them when chasing some carb tuning issues. Probably not related to that, though.
Last night, I did swap the connections at the coils (1-4 swapped with 2-3). I forgot to swap the corresponding connections at the points, so I got some fireballs before I realized my error. Swapped those quickly
I'll ride it, weather permitting, and see what happens.
I literally just went through this with my 350F about 4 hours away from home. I mucked around with the points and timing before I finally realized what I was seeing. My 1/4 points were sparking like mad. I had a spare condenser with me, so I swapped it in and the issue was fixed.
So, before going any further into that thing, why don't you pull your points cover off to see if there is excessive sparking at the points while it is running. You really shouldn't see any sparks from either set of points in full daylight. If you do, then it is time for a new condenser for whichever pair is sparking. Symptoms are irregular power loss, popping through the exhaust, intermittent poor idle, but somewhat normal operation at higher rpms.
Good luck,
Camelman
This really sounds spot-on. I have the intermittent power loss. Idle seems good most of the time, but when it's "acting up", it won'd idle for more than 30 seconds before it dies. I do have popping through the exhaust. Since I'm currently running no mufflers, I figured this was just normal for that type of open setup, but now I'm wondering if it could be related to points/condensers. As for operating temps, this is my first one, so I don't have a good frame of reference for normal temp range.
I did see some sparking on the points. I'm not sure how much is too much, though. I wasn't in full daylight, but I was in my relatively well-lit garage.