OK, here is an update everyone.......
I backed the boat down the ramp into the water tonight........
I think I finally understand.........
At WOT, I have it timed to 32degrees...........
Then, the set screw adjusts IDLE. I believe mine was set too low.... when I decreased throttle the engine would die..........
It appears as though I need to get a bolt for the set screw that is about a quarter inch longer...... I'll replace that tomorrow, and hopefully have it idling fine.
What should the timing be around when idling, or should I not worry about that?
Once I get it to idle at a reasonable / reliable level, I'll continue adjusting the carbs.
I was just about to give up on this boat, but I think I finally have it....... stay tuned
Anyone have any other pointers?