A follow-up:
Installing the electronic dizzy has helped. However, the rig seemed to still struggle to make power. It felt like the secondary may not have been opening. So I did the paper clip test on the secondary diaphragm, and there was no movement.
Last night I removed the carb and checked to see if the hammer was hitting the secondary pad to start the actuation. At WOT, it didn't really move the butterfly much. Also, it was a little hard to get the diaphragm to actuate. Being I had an extra secondary diaphragm from my '75 Aisan carb rebuild, I decided to replace the one that was on my '77 carb. When I opened up the diaphragm, there was trash on the vacuum side that could have plugged the hole. On the other side, many years of dirt. I cleaned it all up, installed the new diaphragm with spring, closed it back up and reinstalled the unit. Before I reinstalled the unit, I did blow out the secondary line with my compressor. I also adjusted the pad up a little to help start the Secondary's actuation process.
Now, time for a test drive.