i beg to differ (whatever that archaic saying means.)
i finally found time to mess with these stupid carbs, and i soldered the vent tube on the outside of the carb and the overflow tube in the float bowl closed.
it works perfect. solid acceleration all the way through.
here's my common sense reasoning behind it:
the carb shouldn't need to vent, nor should it overflow. the gas cap on the tank should take care of venting, and the float should shut the gas off so it won't overflow. that's basic carburator technology.
while riding, gas is limited by the throttle, the jets, the float, and shouldn't be overwhelmed by gravity, so any overflow tube isn't needed. if it overflowed while riding, it shouldn't run.
when parked, the petcock should always be off, so the gravity can't overwhelm the needle and seat and flood into your carb. if for some reason you didn't have a petcock, overflow tube or not, gas would just start pouring out.
that reasoning makes the overflow tube completely useless.
i'm also running the clip on the first notch. i haven't checked the plug yet as it's only been run for 30 minutes on a brand new engine, but i think the cns carb is too big for the engine, and floods it out, so a leaner mixture is required.
after a few more runs, i'll post up more results. you might wanna wait till then before soldering anything closed...