Wow tt, you ask a lot of questions

Is your fuel tank vent clear?
Didn't know I had one. I'll check into that.
Is your fuel tank vent clear?
Not that I know of but I see where you are going with this.
Does it have the problem with the tank set to Reserve?
Another thing I will check on today. I've never had it in reserve before.
How full is your tank?
That doesn't seem to matter.
Do you know the carb float levels are correct?
I have no idea

Is the behavior any different without the air filter installed?
I didn't run it with the air filter off for fear of sucking something in the carbs. Wouldn't that be risky considering the problem only occurs while going down the road under considerable power?
or with partial choke applied?
The bike will not run with the choke applied period. I usually have to choke it to start it but it will not run for more than 2 seconds with the choke on. It usually stalls real fast so I then turn the choke off and start it again and give it small throttle till it warms up. It's frustrating because I have to stay with the throttle for the first 2 minutes or it will slowly stall out. After the bike is warm, any choke is immediate stall.
Thanks a lot for all the input tt. I'll post the other answers later.
Now if you could just solve my wiring problems over the internet....