Well another day of blasting up & down the street anoying the neighbours..... Cleaned the pipe (internals) and muffler, checked the crank case breather was clear, tried a mates ignition coil, same problem. Put another 32mm Mikuni on, same problem. Tried another CDI, same problem put another old stator on, same problem. Will pull the barrell off again tomorrow and check the reeds again just in case they are any different from last time I checked.
It runs fine until just before peak power then coughs & dies, if I hold the throttle wide open and keep rolling it eventually fires back into life and then dies again, if I then close the throttle and coast it will become responsive again at low reves and then the whole scenario repeats as I get to peak power.
If I cant fix it tomorrow I'm probably going to do the unthinkable, something I have never done since I started playing with bikes in 1973.....Take it to the bike shop (probably Gunters in Woollongong) and ask/pay them to fix it. A sad day indeed !!