Thanks for the response everyone.
I did the point gap, timing and other stuff last year-- it improved the idle but not the fuel consumption.
Didn't do the valves, though, so that's a good thought.
The foam is Uni brand I think, whatever they had at the parts store that I could cut up and fit in there. Over-oiling, as embarrassing as it is to admit, is a possibility, so I'll deal with that first. I did synch the carbs last year as well, but it was my first attempt with mercury stix and all I can say for sure is they didn't sound any worse.
I took a look at the carbs today and they looked pretty spotless. Guess that stuff I sprayed in there did something. Cleaned 'em anyway and will finish tomorrow setting float heights, etc.
Now, the jets are 130, but I'm going to leave them in until I follow the rest of your advice and see what happens. Seems big, and the originals are (according to this web site) 105. I found the paperwork for the coils, which suggest a larger size (they don't specify which), but the information online about the exhaust suggests a size smaller than stock, so, no help there.
Thanks again, and I'm open to other suggestions too.
I can use all the help I can get.