Sound's like you are getting close to it running sweet now.
I don't think you'll really notice the difference if you adjusted the clearance's from .004" and .006" down to .003" and .004" on a 50cc engine.
But you could adjust both to .004" though, and see if it's any better
Or even adjust the bottom/exhaust clearance to .004" , and do the top/inlet at a slightly tight .004" so it drag's a little when you move the feeler gauge between the rocker arm and valve tip.
Yeah,
once they are set, adjust the carby like i described in post #11 above.
When you pull on the throttle and it looses power for a couple of second's does it sound deeper through the exhaust or sort of the same sound ?
When you cleaned the carby did you pull the mixture screw, spring and o ring right out and spray cleaner through it all ?
It may have some dirt etc stuck in there and is blocking the fuel flow for the pilot jet ?
Also when the jet's were out, did you remove and clean the long emulsion tube where the main jet screw's into ?
The main hole through the middle and the tiny one's across it, then blow out the tube and carby well ?
The other thing is the float level may be adjusted wrong too ?
With the carby upside down, and with the float arm tab in the middle only just touching the pin on the lnlet needle, the top of the float should be sitting roughly square with the base of the carby
The centre tab on the float arm may have been bent at some stage?
This will affect the float level and the mixture's but more when you are holding the throttle open at 1/2 or more