Wow.. some great thinkin/fixin suggestions here.... great resource.. Myself being lazy would like to do the easy stuff first...
I would install a small plastic SEE THRU fuel filter on the OUTPUT of the fuel pump.. now that won't prevent krap from ...
olde inlet hoses, primer bulbs flaking internally , ect.. but. it will let you see during the run up process if you got FULL fuel filter,
and if your fuel pump is sucking SO hard your putting air bubbles into the carb - bowl due to a ? bad fuel pump gasket, cracked
hose anywhere in the fuel delivery line.. ..
one other thing.. at higher rpms the spark changes quite a bit.. in shape and intensity.. try a new pr of plugs just to make sure
one is not breaking down... and those vintage wires are suspect too..
good luck..