When I did the carbs I set the float height at 22mm; the only things I can think of rechecking is the grounds, voltage across the points and the air/fuel mix. I've only so far tried to get it to light using starting fluid sprayed directly into the airbox, and it 'chuffed', like I said, but I'll go back and recheck the air/fuel mix and probably scrape some paint off the frame where the coil mounts and put some actual gasoline in it and see what happens. When I bench-tested the fuel levels, I used the clear-tube method and the level rose to the carb bowl level before closing, so I'm pretty sure the floats are doing their job; IIRC, currently the mixture screw is set at 1 5/8 out or something like that - I know I set it to the spec in the manual, whatever that is - and I am getting a spark across all four, but a weak one. I asked a friend of mine who knows this stuff too and why I would get a weak spark and he indicated a poor ground as well.
Something else to note, that I discovered when I was trying to get the horn to work, was the horn button itself wasn't connecting and feels - not 'broken', but very loose. I took a look at the (new aftermarket) switch and noticed the little spring in there was not 'springing' like it should. The horn button acts as a ground for the horn, but would that have an effect as well? I tried switching out the spring with the OEM one that I took off the bike (the clutch mount was physically broken), but the spring, button and contact pin wouldn't fit. Everything else electrical - the lights, headlight, turn signals, brake light and Hi/Lo Beam switch works fine except the horn - but since the whole bike is basically a 'ground,' might that be a factor too? And would swapping the coil wires do anything? I haven't tried that yet, but I've read that can sometimes be the culprit.