Brief history. Bike was imported into Felixstowe Feb '05 from Japan. I bought the machine in Nov '06 and not had tme to look at it until now. Was bought 'as seen' for a reduced price as it wasn't running. Basically I reckon it has sat for between 2-3 yers without running.
Here is what I have tried, done, checked and replaced. For starters it is a genuine SP (flatslides with TPS, different Ignitor Unit from standard L, fully adjustable forks etc.).
What is happening is the starter is turning over and the engine is trying to fire. It will give a few pops and bangs with the choke slide to on, but that's about it. If I give the throtte a twist and turn it over it will fire once indicating about 2k on the tacho but then dies. Sometimes if I keep the starter turning for a bit it will be firing ok but dies as soon as I let go of the starter button. I've tried the old trick of putting a squirt of engine oil down each bore and turning it over without the 'plugs in to get some compression in the cylinders and baking the 'plugs in an oven until they are roasting hot, but this has no effect.
At first I thought it was running way to rich and appeared to be flooding, hence the leaning of the needles and mixture. Then I was wondering about compression but it seems to be ok when the piston rings have been sealed with oil (the amout of times I've been turing it over the petrol is just washing the oil away).
1) Cleaned carbs.
2) Leaned the carbs by adjusting the needle circlips by 2 rings and leaning the air adjuster.
3) Changed the spark plugs (actually just used the ones I'd just taken out of my GSXR750 so I know they're 'working' ok), but it's acting the same on 2 different sets so I don't think it's 'plugs.
4) Compression tested. Next to nothing but back up to tolerance when squirting oil direct down the bores to seal the piston rings (8kg/cm2).
5) Checked the valve clearances. All ok.
6) Cams out to make sure they're aligned correctly and not on the slotted adjusters. Ok.
7) Checked the coils. Output side reading 24.4Kohms.

Basically the only things I've not checked or changed is the 'plug caps and brand new 'plugs. Changing the coils is making it try harder to fire, but i'm still not sure if the fuel is burning on the wasted spark, as I'm getting flames up the inlet tract and out of the bellmouths.
One final thing is there are no clamps on the carb rubbers at he top of the inlet track, but all the bikes I've ever worked on have been ok without them tightened while I was working on them anyway. Are these small bore engines sensitive to this? Or is it a nightmare scenario and it's an Ignitor problem?
Any ideas? I'm stumped

Cheers,
Mike