Re: 78 Everude 70hp cutting out at full throttle
Could be either, it takes a few minutes to burn the fuel out of a carb, when you slow it down the carb fills back up and runs until you get low on fuel in a carb.
You can eliminate the ignition by checking the spark with an inductive timing light, just check each plug wire when it is acting up. If you have steady flashes on each plug wire, you most likely have a fuel problem.
You could also remove the air silencer and carb cover and check the high speed orifices without removing the carbs. If you do have a plugged or restricted orifice it would be best to remove the carbs and clean them properly.