Thanks Swagger. I decided to start over and do it all right. I'm stripping the carbs completely and going back to stock jets. I've gone and bought feeler gauges, a compression tester and micrometer. I did a cold engine compression test with no plugs in and no carbs. I got 135-150-135-135 for compression readings. Tonight, I pull the vavle cover and check clearances. I have a feeling #2 will require a new shim. Then I'll adjust the timing chain tension and check the timing.
If, after all that, and the reassembly of the carbs, I still can't fire (even though I did see spark on all 4, it might not be great spark) it's time to go with a new set of MikesXS coils. The only other possible culprit is the vacuum advance, where there are some wires that can break in the insulation due to repetitive fatigue.
I'll tell you what tho. Without the folks at xs11.com, I'd be lost. There's a lot of knowledge specific to this bike there, and friendly folks willing to share it.