There are people who are intrigued by these mysteries.....and those who are not. You guys are the curious type. Smart, too.
I do not believe that the only two possible sources of the gasoline are the tank, and the exhaust port. I believe the gas could still be coming from the carb area, getting on the fins, moving around the cylinders and then dripping down the breast of the engine. These engines are tilted slightly forward, which tilts the fins downward in the front.
The OP should, in my view, continue his research. If he has indeed eliminated the tank as a source, then he needs to either follow the gasoline route from the tank downstream through the carbs......or upstream from the fins back to the carbs. I would first try tracking the fuel upstream from the breast of the engine. I'm guessing the use of paper towels, twisted, or Q-Tips could "find" the gasoline stream on the fuel-side of the engine.
Another tactic might be to carefully remove the float bowls, making sure none is spilled, and check volume. One of them might be too full. But I don't think this is a better tactic than gasoline-tracking. It might have nothing to do with floats. I do not think the engine is injesting this fuel. Perhaps this is as simple as a fuel line connection, or o-ring. My guess? O-ring.