You are definately on the right track. It sounds like a good candidate for a float level check, jet size check and synch. That extra hot cylinder could easily be a lean mixture on that cylinder with the others running richer. Something is different, and it is unique to that cylinder, like valve settings, sparkplug, cap, lead, float setting, restricted jets, intake leak on that rubber coupler, etc. It shares a coil with #1 however.