Small crack in the fuel pump diaphram could do it.. Pull the vacuum line from the engine to the block and see if you are getting fuel in it.. Then start with checking the resistance on your plug caps - better yet just toss a set of new caps on.. Make sure your plugs are good and gapped correct. Is that engine reed valved, if it is you might check your reeds.. Also, when you say you have cleaned your carbs are you saying you have wired out all the passages?? On the inside of the carb throat (engine side) there are two tiny holes that are the idle circuit.. Both have to be open.. Also, what kind of play do you have in your carb slides and the area that your needle jet slides into?? Those brass parts will oval over time and cause xtra fuel to pass.. Hows your float height set?? Do you have a line guage to use or are you guessing at float height? Seeping needle and seats can also cause REAL funky idling as engine loads up from xtra fuel in bowl...
Now,, what you are describing does sound like a tired engine. Do a comp check both cold and hot, open the throttle, pull the same amount of times, check both sides against each other... Take your pipe off and take a peek at the exhaust side of the pistons thru the ports, look closely for stuck rings or scrubbed pistons.. As I recall (been a while since I have done one of those) those engines were iron bore and can be rebuilt real cheap if you catch em before they shatter a piston and take out the bottom end.. If it hasnt been freshend up in a while it wouldnt be a bad idea to do so..
I changed to a new fuel pump....no difference...
I will check the plugs, throw new ones in today...I left em because they were both burning evenly, but I will change em today.

Carbs are so clean they look new...all passages have been cleaned......as for the ovalling issue where the carb needle drops, that is an interesting thought. I so wish I had an extra set lieing around here.....then I could just do a full carb swap and see what happens.
I am guessing on the floats.....is there an easy way to set them? I have the ones that are "afixed" in the bowl on the posts....not the easier ones that come out with the upper carb body. How do I set these ones?
The compression is 120 on the amg side, 125 on the clutch side.....
I will look into the pipe today also.....sigh.......
I do not know what has ben done to this motor, as I just purchased it for my girl to run.......I am pokin in the dark here.

I have never freshened up a motor and I am pretty tentative about doing so....

Thanks guys....I will go take a look and see what else I can get going!