From your settings , i would say the Main jet has been too large , it should be around a 160 , and i still believe the Pilot jet is partially clogged , and i would be real concerned about the O-Ring for the Fuel Screw , since the fact that they could turn it all the way out and not have a change , means to me that the O-Ring is not doing its job and there is a constant vacuum leak
What i would suggest is to do a complete carb removal and rebuild , consisting of the Floating Valve Seal
http://www.crfsonly.com/catalog/product ... ts_id/3687 , a Fuel Screw Rebuild Kit
http://www.crfsonly.com/catalog/product ... ts_id/2158 , and a NEW Pilot Jet (#45)
http://www.crfsonly.com/catalog/product ... ts_id/4975 , and while its apart , make sure the Hot Start Plunger is working properly and free and that the HS cable is not sticking , since everything is pointing to a lean condition so any place you can draw vacuum or suck air is a suspect
PM
leardriver , as he is the resident carb guru , but from what i am reading , you either have a blockage (internal in the carb) or a air leak , and jetting larger is not going to solve the issue , its like putting a stick in a tire puncture , it may slow down the leak , but there is still a hole in the tire and its still leaking
No matter what , the carb needs to come off and be completely inspected , if the fuel screw O-Ring is even slightly deformed , it will cause issues , you need to look into the hole once you remove the fuel screw and O-Ring and make sure there is no remaining O-Ring from the old screw , or that the O-Ring that came with the flex jet has not been compromised , as well as even the slightest of blockage in a pilot jet will cause starvation issues and tuning difficulties
I am far from a carb expert , but this is most likely the issue