Hi Tom,
Well look at that, another Sportsman 80 on the road! Nicely done and that definitely puts a smile on my face. It's rare that I build an 80 myself although there are plenty out there being built. Almost all are home builds.
The clutch is a beautiful piece of engineering and is set to my specs of 2800 rpm, give or take. I do a final set on the clutch based on idle and choke setting. With the choke on there should just barely be no clutch engagement. You raise or lower this point of engagement by adjusting the clutch springs. Also, as you mentioned, you want good trailing throttle so keep the idle setting well under the clutch setting. There is good info on the Bully site. You may not see your exact clutch there as my version, the ones they build for me, are slightly different and have very low engagement. Still the adjustment is the same. Anyway, a lot of people think there is no trailing throttle on a centrifugal clutch but the opposite is true. These clutches when set up correctly have nice trailing throttle and compression braking.
Once your well accustomed to your bike you will want more power. I find head work is where the power is. Decking it helps, as does stiffer valve springs, and a bit of porting. I have tried fatter cams in the 80's but with poor results. Seems I have advanced the timing with a degree key on the flywheel, too. I believe AGK has performance parts.
Enjoy,
Pat