I had a bit of trouble with Phyllis this morning, on the M5...

While travelling at a fairly constant 60mph, she started to gradually lose power. Not the halting, stuttering I have previously experienced (replaced fuel pump 2 years ago - sorted problem), but a noticeable fall off.
I had only been driving for 6 miles, or so, and yes there was petrol in the tank.
The AA were called, and after much scratching of heads, I was recovered back home - but what's causing it?
My personal feeling is that the float chamber could be flooding. This may explain why I only get 32 to the gallon...? The carb' has been adjusted several times, but it's not really helped that much, and I'm still getting black/dark grey deposits in the exhaust pipe, and all over the drive.
The points, plugs, condenser &c are all in decent nick, and were checked and regapped last month. I haven't cleaned the fuel pump points, or filter yet. These are also on the list, but if it were a fuel pump problem, then surely the symptom would be intermittent faltering / stuttering, rather than a slow descent in revs.

I've not got time to attack her with the spanners until the weekend, but I'd like some pointers as to which way to weild the toolkit. Am I going to need to overhaul the carb'?

Please help - I don't quite know where to start!
