Your needle is adjustable. It should be in the center position, leaving two up, and two down. (the needle in the throttle slide). If it ran lean, and overheated, then you drilled it, and it bogs the needle may take care of everything. Drop it down two notches, meaning raise the e clip to the top of the needle. That will lower the needle into the main jet, and lean the mid range mix. Try that , and see what you get. After thought: Which carb is on there?