I concur. Get some miles on that engine before worrying too much about jetting for performance. 200 is good, 300 is better.
700' MSL isn't very high so a jetting change based on that isn't the issue. Almost without exception these engines/carburetors are fuel rich and will benefit from some carb tuning. Run a few tanks of fuel, watch your spark plug color and go from there.
I also agree that the kit recommendation of a 16:1 mix is TOO MUCH oil. 24:1 is okay, 32:1 is better, even for break in. Good luck.
Tom