Remove the carburetor per your service manual. You MIGHT get
    away with leaving the throttle cables OR the choke connected to the bike, but don't count
    on it. It would be much easier if you remove the carburetor completely and go to a work
    bench. I usually leave the choke cable hooked to the carburetor and disconnect the
    pull-handle end, taking the entire choke cable/carburetor assembly with me. Your call.
    IDLE MIXTURE ADJUSTMENT:
    Before we really get started, you might as well remove the
    aluminum plug covering the idle mixture screw. Using about a 1/16" drill bit, turn
    the carburetor over and CAREFULLY drill a hole in the small plug just on the motor side of
    the float bowl. If the plug did not fall out when drilling, remove your drill bit and use
    the back side to pry it loose. Some carburetors may require the CAREFUL insertion of a
    self-tapping sheet metal screw the get a good enough grip to pull the plug.
    Underneath you will find a slotted screw. Turn this screw
    clockwise until GENTLY seated...jamming the screw down too tight will ruin both the
    carburetor and needle. Now back off about 3 full turns. This gives you an approximate
    starting point for tuning, and once we have it tuned you will need to secure the screw
    with a dab of silicone, but not yet. Don't forget! They don't sell those ANY of the idle
    mixture screw parts separately.
    SLIDE MODIFICATIONS:
    Remove the top of the carburetor (slide vacuum chamber cover)
    being careful to loosen the throttle linkage stop plate. There is a spring under the top
    cover so hold it with a finger until all screws are loose. Holding the carburetor upright
    remove the top and spring, then the slide/diaphragm assembly (all one piece). If you look
    into the top of the slide you can see some plastic stuff holding down the needle. Pour
    this stuff in your hand as you will be replacing the main needle. Before reassembling the
    slide you will need to modify it.
    Looking at the bottom of the slide where the needle was
    hanging out, you will see a second hole off-center from the needle hole. This is the
    vacuum hole, and needs to be CAREFULLY drilled to 1/8". Be careful to make a clean
    straight hole and keep shavings away from the rest of the carburetor and blow them out of
    the slide. Remove any burring that may have occurred.
    Now it is time for the critical part for a true craftsman.
    The front bottom edge of the slide needs to be chamfered or "radiused". This is
    the edge OPPOSITE the side the vacuum hole was on (the front). Use a fine flat metal file
    to CAREFULLY smooth this edge from the 90 degree to a "rounded" 45 degree. This
    smoothes the airflow. DO NOT file too deep or you will cut through the wall of the slide
    creating a hole, thus ruining the slide. DO NOT file the flat parts which contact the
    carburetor body as this could cause improper operation. You may need to take some fine
    (400 or 600) emery paper and polish the chamfer a bit if the file has left grooves or
    roughness.
    REPLACE JETS:
    With this done you can set the slide aside for now. Open up
    the float bowl CAREFULLY and replace the main and low speed jets. These are brass in
    aluminum and both are soft- use a light hand and the proper tool. Do not over-tighten when
    reinstalling: good and tight is better than stripped and loose. Note: be sure to use jets
    numbered for the CV carburetor, and not for the older butterfly carburetors, as the
    numbering system is different. Use the HD part numbers listed above to be sure. 
    RE-ASSEMBLE:
    Replace the float bowl and the slide, and install the new
    needle and related hold-down hardware, then the spring and top. CAUTION: some diaphragms
    are a bit flimsy and are easy to get mis-aligned and pinched in the top edge. I used a
    VERY small dab Hylomar applied around the lip of the carburetor body to hold mine in place
    while I installed the top. The diaphragm has the appearance of being "swollen"
    and seems to be too large to fit into the groove. The repeated up and down movement of the
    diaphragm causes it to stretch and can make re-assembly tricky. In addition to Hylomar,
    try using the cap to position the diaphragm. It will not only allow you to evenly push the
    diaphragm into the groove but you can "wiggle" the top and feel when the
    diaphragm is properly located. Later model CV's have a dowel in them at the cable
    guides...this can make matter's difficult at times. A damaged diaphragm will have symptoms
    of the motor being able to idle well but not being able to take ANY throttle. If you think
    you may have a damaged diaphragm, check for any pinholes with a bright light behind the
    rubber, pulling on the edges to stretch the diaphragm a bit. If you find any, you must
    replace the entire slide/diaphragm assembly and start over on the drilling and chamfering.
    TESTING:
    Assuming everything went OK, you are now ready to reassemble
    everything and test your handiwork. Be careful not to over-tighten the choke cable
    mounting nut as the plastic will break fairly easily. Warm the bike up to full operating
    temperature. You may have a little trouble keeping her idling, but one thing to remember
    is you now have a carburetor which is not as leaned out as the factory setup, so DO NOT
    follow the owner's manual directions for cold starting. Here is the new procedure: Pull
    choke out either half or all the way depending on ambient temp (below 70 degrees? Pull all
    the way out) and if the bike has been run in the past 2 hours or so (if the motor is
    totally cool, pull out all the way, otherwise half or none if the motor is already warm).
    Start the bike, quickly adjusting choke to reduce fast idle to a reasonable level. No more
    than 30 seconds later, push the choke all the way in and use the throttle to keep the bike
    idling while warming up. Some use the throttle lock for this purpose. If you follow the
    owner's manual you will certainly foul your plugs, so use your head.
    Letting your bike idle for 15 minutes to warm up is not
    always desirable, and your bike should be running well enough for a CALM test run around
    the block. This will speed up the warm-up time and also give you a little bit of a feel
    for the improvement of the modifications. DO NOT blast off and ride wheelies down the
    street! Your Evo is as sensitive to the warm-up time as you have always heard, so be
    gentle the first few miles. I would go around once to get the temp up then stop to tweak
    the idle and idle mixture. Word of advice: find a little screwdriver you can use to adjust
    this screw BEFORE the motor is hot, as fumbling about trying to use the wrong screwdriver
    will probably result in burned knuckles if you are not careful.
    ADJUSTING IDLE MIXTURE:
    With motor hot and at idle, turn the screw inward (clockwise)
    SLOWLY until the motor starts to falter. If the motor will not idle on its own when you
    begin this procedure, bump up the idle set screw until it will. Throughout this procedure
    try to keep the RPMs at or below 1000. Now having turned the screw inward until the bike
    falters, back it out slowly, making a mental note of the position on the clock. Turn
    outwards until the motor begins to run smoothly, then adjust idle stop screw as necessary
    to bring RPMs down, but not TOO low. Evo oiling systems need better than 700 RPM to work
    properly. Blip the throttle a time or two and observe the results. If the motor responds
    with a gratifying blast without backfiring through the carburetor, you have your idle
    mixture right. If it backfires through the carburetor ("carburetor farts") you
    will want to back the idle mixture screw out another 1/4 turn. Do not go too far, as too
    rich an idle mixture will certainly cause you many headaches and poor gas mileage.
    Once you are happy with the setting, you might want to apply
    a small amount of RTV silicone to the idle screw hole to hold the screw in place. You
    could otherwise lose the screw after a while due to vibration, causing the bike to run
    poorly and not idle, and causing you to tear your hair out in frustration since you will
    not find the part listed as a replaceable part (remember there was a plug over it?).
    
      Cheezie's comment: That welsh plug is actually over
      it because the EPA doesn't want you tampering with it at all... it has nothing to do with
      the screw falling out. Did the screw fall out when you drilled out the welsh plug? I'll
      answer for ya... Nope. I haven't yet used any silicone on that hole for the carburetors
      I've modified... using silicone is just a feel good thing for the owner.
    
    FINE TUNING:
    The details of carburetor tweaking and plug reading is a very
    involved subject, so you may want to refer to a higher authority after this. If you do not
    have access to a Dyno facility, here is a very basic guide that will get the adjustments
    close.
    Go run your bike while it's at operating temperature. Run up
    the gears, giving hard throttle and messing with roll-on performance. If it is lacking in
    this area, as in spitting or hesitating, increase the size of your low speed jet a couple
    of notches and try again. If the bike blubbers and/or coughs black smoke from the exhaust,
    go down a size or two. Below you will find the HD part numbers.
    The main jet is another story. You must be in fourth or fifth
    gear and running fairly high RPM (3000+) then open the throttle all the way to the stop,
    noting the feel of the bike. Immediately let off about 1/8 turn and note the feel of the
    bike. If it seems to accelerate some when you let off the 1/8, your main jet is too lean.
    If it hesitates or the top speed is poor (i.e. less than 80 MPH) you are too rich. Adjust
    your main jetting accordingly. Use your common sense and seat of the pants feel and you
    will get close enough to do plug reads.
    Plug reading is as much an art as a science for us backyard
    wrenches, since high-dollar equipment is needed to REALLY do it up right, but for most
    street riders making sure your plugs are a nice tan color is good enough. Don't bother
    reading the plugs until you have done the fine tuning above, and then use new plugs
    (hopefully you started this whole thing with a new set also- and don't forget to check
    that gap!). Do some riding which exercises either low speed or main jetting and stop
    immediately and check the plugs for the most accurate reading. If your plugs are black you
    are too rich, which sucks your gas and performance but will not harm your motor. Too light
    or worse yet bone white you are too lean, and motor damage will soon follow if proper
    steps are not taken.
    FINAL NOTES:
    Large changes to the low speed jet will probably require you
    to adjust the idle mixture again. Keep this in mind when choosing and applying the RTV.
    You should expect to end up with a richer setup if your bike is light and/or you are
    running exceptionally good flowing pipes (i.e. Thunderheader). There are so many
    variations here it is hard to predict, but the ranges listed here are for most normal
    applications. If you try these and your bike still runs like hell you may have some other
    problem (clogged fuel screen/filter, bad petcock, ignition trouble/electrical malfunction,
    timing wrong, fouled plugs, bad gas, etc. etc.) You may want to get a seasoned wrench
    involved if you are in doubt.
    Hope this helps you. And remember, after you flow your heads
    and add a good cam, you may need another carburetor like an Mikuni HSR-42 to realize the
    full performance potential, but the CV with these modifications works very well on a stock
    or near stock motor.
    ACKNOWLEDGMENTS:
    Thanks to all the digesters who contributed to this and
    especially to the Old Hacker Charlie Powers for inspiring this work. There is really
    nothing new written here except it is in electronic form to be sent around the net. Don't
    ask me why yet another CV article was needed, but I thought it might as well be done.
    ADDENDUM:
    Disclaimer:
    These modifications are for off-road use only and are not
    approved by the EPA or DOT or Bill Clinton. Some people ride on the road with these
    modifications, but I would not know who that would be ;-) Also, the authors nor their
    descendants nor their ancestors are responsible for any damages due to following these
    instructions. If you follow them correctly and do not screw up you will not have any
    trouble anyhow, but there it is.