Here's the problem: Plug chop at throttle open as far as it will go in 3rd gear leads to a very light plug. It's not white and crispy, but I wouldn't call it chocolatey brown in any sense. Sort of a gray with a hint of purple/brown (a hint).
Here's the confusing bit:
The idle doesn't race. The idle doesn't linger high when I quickly open the throttle and then let off it near as I can tell. The idle doesn't seem to hunt around at different RPMs. In fact, at idle the plug is dark and wet. It's very rich at idle.
Here are the specs:
Sea level.
Stock P200E. Stock, unmodified air filter. Running a Spaco Dellorto 24/24E carb. Jetting is: 55-160
160 / BE3 / 118
Mixture screw 2 turns out.
Here is what I have done to search for air leaks:
I have spritzed WD-40 thoroughly around the head/cylinder joint. No change in idle. There is absolutely no blowout at the cylinder head.
I have spritzed WD-40 thoroughly around the exhaust and exhaust flange joints. No change in idle.
I have spritzed WD-40 thoroughly around the cylinder/casings joint. No change in idle.
I have spritzed WD-40 around the carb box base/casings joint (it's a bit hard to get around under there, but I used the little red focus tube on the WD-40 can). No change in idle.
I have spritzed WD-40 around the carb/carb box joint. No change in idle. I have lapped the bottom of the carburettor. I tightened the carburettor down to 13 ft/lbs (per haynes and vespamaintenance).
New seals. No oil in gas.
WTF? I have no evidence of an air leak either in engine behavior (as far as I can tell) nor can I find a point where spritzing WD-40 (even in heavy amounts) affects the idle speed. Yet I don't have anywhere near a rich chocolatey brown plug even with a 118 main.
Where else can I look for an air leak?