On my K3 I have to switch over to reserve at 180 Miles. Looking at a few specs, this sort of makes sense; If I remember right, the K1 used 120 mains, had bigger openings in the airbox and the HMC300 pipes, which had less restriction. My K3 has 110 Mains, later airbox (=smaller intakes for noise control) and HMC341 pipes (more baffling=restriction). My plugs look good, but I run D7EA's, one notch hotter than normal.
This being said, it seems to me you'd go through the fuel a bit faster, but I don't know if a spread of 55 miles would be acceptable. When you rebuilt the carbs, did you install all brand-new jets, needles, etc? Or were they cleaned and re-used? One thought could be if the parts were re-used, the needle jets could be worn slightly, richening your mixture. I'm not sure what else it could be at the moment. If I think of anything else I'll post it.