UPDATE :
Stoked to announce that after owning this beast for three years it is finally running as it should.
The new Mikuni carb did the trick beautifully. I ended up leaving the gem reed valve off. Still doesn't have much pull off the line, but once you do get it off the line it flies
.
Thanks everyone for your help.
For future reference I ended up on :
VM32 from TD Hatrick
Main #240
Pilot #45
Jet Holder #P8
Needle Jet #159
Needle 6F21
Slide 3.0 (standard fitment for that carb)