Hello,
If the engine is running nice when cold, but experiencing problems when hot it sounds like there is generally one of these two main problem paths existing:
1) Carb adjustment is on the rich side. For this there are the following things to do first:
- check the air inlet passage for possible foreign objects and that the filter element is not glogged
- clean the carbs and check that the main jet is not loose
- check the mixture screw positions (original setting = about 2.5 turns out, more out = richer low end mixture, more in = leaner low end mixture)
- inspect the fuel level
- check the needle positions and possible shimming of the needles (lower clip position = richer mid range mixture, higher clip position = leaner mid range mixture). The original needles do not have adjustable clips, but there might be some shimming placed under the needle clip.
- inspect the flow rate of the main jets (original flow rate 152.5) as they might be worn, see
http://www.vmaxforum.net/showthread.php?t=4130
2) Ignition problem is occurring in one (likely in only one) cylinder probably due to damaged coil winding. To check this you should prepare a multimeter ready, warm up the engine until the problem occurs and measure the following:
- pick-up coil resistances, see
http://www.vmaxforum.net/showthread.php?t=3876
- ignition HT coil resistances on primary side and secondary side
(There are four of them, one for each cylinder, and each one has got primary side and secondary side. Factory specification for primary side resistance (between red/white and orange wires) is between 2.4 and 3.0 ohms at 20 degr. Celsius. The specified resistance of secondary (HT side) is between 10.5 and 15.8 kilo ohms (without plug caps) at 20 C. This resistance can be measured between red/white wire on primary side and the actual spark plug wire (HT wire).)