Background: I have a 77 750K I bought last spring as my first bike. Known modifications are the 836cc kit, 4 into 1 exhaust with a baffle, electronic ignition, and oil pressure gauge. Original airbox, no pods or anything. Only issues last summer were replacing the battery and the ignition switch assembly. Other than that it ran fine last year. For winterizing, the previous owner just put stabilizer in the tank and kept it in his attached garage. That's pretty much what i did this year too, stabil in the tank and let it run through the system then turned off the petcock and let it run until it died and parked it. I recall the previous owner saying that he'd never cleaned the carbs and I haven't yet either but I'm running a fuel additive with carb cleaner in it right now though i know i need to tear them out and clean them good soon.
Problem: This spring an intermittent running issue has appeared. What happens is that while I'm riding all the sudden my engine will cut to what feels like half the power and sound really low and grumbly. While it's doing this I have to give it a ton of gas to get moving from a full stop and things like that. Then after a while it does this thing where it kind of pops and I'm back to full power. there doesn't seem to be any certain action on my part that causes it to occur or to clear. One thing I noticed yesterday is that when idling during the problem the oil pressure gauge reads 0 but when it clears the gauge jumps back up to a reading. Not sure what that means.
My question to the forum is where you would start trouble shooting? I've had some people say maybe I have a coil problem and that when it happens that not all cylinders are firing. Others say that it could be a carb issue. I'm a mechanical novice with a handful of tools and a Clymer manual but I do have some more experienced friends that can help me once I decide what to start doing.