Well, I held a piece of paper in front of the throat and saw no spattering at various throttle speeds.
I also, on a suggestion from elsewhere, took the fuel pump off, put nuts on the two bolts to help hold the thing together and pumped the bulb. I didn't see any squirts out the hole that's open to the cylinder.
Someone earlier said "I can't see or touch your motor" and that's true, but on the offhand chance it helps ... I did a short video showing how it "idles", how much exhaust smoke happens when I speed up the throttle (while in neutral) and then when I go below the mid/start point on the throttle it just dies like I hit the kill switch.
Here's the link to the video (the video is playable, you just have to click the button to go to Youtube. I don't know why it's saying it's unavailable...) :