Good news. I reinstalled my newly cleaned, unclogged carbs and the bike runs much better. I have not had it on the road as it was late when I fixed it, but the engine idles normally, the exhuast note is back to normal and the throttle response is great. I must have clogged something when it flooded.
its wheelie time 
In reply to 44Dwarf:
I rode it today any it was 90% back. I felt a slight miss in and it was coming form the middle cylinder. I installed thre new plugs and it is indeed wheelie time. She is back!!!!!
Out(wheel)standing!
Was out riding today in 92 degree heat and the power began to drop off pretty significantly during the second half of my ride. I let it cool down in the garage (with a fan blowinmg on the engine) and it seemed better when I rode it around my development. However, low RPM throttle response is poor again.
The old two-strokes like to be ridden in the upper RPM range.
If I putt around on my R5 at less than 4,000rpm it starts to "load-up" and it takes a bit of high RPM riding to get the plug burned-off clean, and get throttle response back where it should be.
So what is a good rpm range? I want to run the engine in the range in which it is most happy.
Sorry it took so long for me to answer, for some reason my browser wasn't liking the site.
My R5's manual recommends staying in the 3500-7500 rpm range, and while riding I have found this to be true. It will putt around for a while at low rpm, but then it needs a throttle "blip" to clean things up or it starts running rough.
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