Thanks for the replies. I just pulled the carb again. The slide is all of the way down when I screw out the throttle screw. When I turn it in slightly it just raises it. I have tried to choke the bike to get it to start easier when cold. It does not seem to have any effect.  Five or six prime kicks and then it usually fires up. Once it has been started and is warm, I am still having to prime it again to be able to start it.

I put new reeds in when I put the top end together. There is less than an hour of running time on it currently since it was all replaced.

I will have do a compression check. It seems to have great compression. I will do one anyway just to know.

I am not sure how to adjust the air gap on the pick up coil. I replaced the stator assembly after I first put this back together as I was not getting any spark.  This also has less than an hour on it. I just took the side cover off and can't see how to adjust. Do I need to pull the flywheel? Am I measuring the gap between the contact on the pick-up coil and the raised strip on the flywheel? If so,  I measured and it was approx .020. I then loosened it I put the a .030 feeler gauge in between and tightened it back up. Other than that, the pick-up coil has two screws to hold it in place, but there is no room for adjusting.  I looked in my manual, but am still not seeing. What am I missing or is it now where it is supposed to be?
Thanks

There is a little slack in the two ignition pickup coil mounting screw holes to allow for adjustment.  The air gap is measured between the trigger bump on the outside of the flywheel and the pickup coil. 


Was the replacement stator OEM or aftermarket?  Does the engine run well without miss-firing under full throttle and at  higher RPMs?