Thursday was a day full of grimy hands and shouting in the garage. However, a solution (of sorts) has been obtained.
After the new choke cable was put in, she was starting reasonably reguarly, but still needs some pretty long turn over to get going.
As for the revs maxing out at 5500-6000? Replacing the original airbox cured this completely. WooHoo! Of a kind... See, the whole point of this was to not only release some extra ponies, but also to get rid of the bloody ugly thing so I could take the side panels off, relocate the battery from under the seat and get a lovely looking trellis frame effect posing off the back of the engine and the space under the seat. So although she's now going fine, I'm trying to decipher why the cone filter prevent her reving out. I'm making an educated guess that it's due to the way the CV carb works and it needing some kind of "still air" or pressure to raise the diaphragm.
Help? I want rid of this bloody airbox...