Check the linkages are as they should be - The jet should return fully upwards to teh carrier/ bearing with the choke off and not have slop or stickiness (if you can push the jet up at all with the choke off chances are the choke return spring is tired or the linkage is worn).
Make sure you've got oil in the dashpot (I use the same 10/40 or 20/50 as is in the engine, others use a variety of types).
Make sure the piston feels smooth when lifted by hand, and drops smoothly back down with a dull clunk when it reaches the bottom.
Then, get the engine warmed up. Go for a proper drive out to get it all up to proper temp.
With the choke off and the engine running, wind the nut on the bottom of the carb (it's held against a spring that runs around the jet) up until the engine sounds pretty rough. Wind it back down until the engine sdounds equally rough. Remember the number of flats from rough to rough, divide by two, and wind the nut back up that many turns. It helps to rev the engine from time to time to clear the inlet of any fuel pooling. That should have the carb pretty much right, though I tend to add another flat up if I want slightly better (fractional) mpg, and down if I want (not noticeable) a little more power.
You can mess with the lifting pin but I've never got the hang of that, and some of my carbs don't have it anyway. You could also invest in a Colortune, which gives you a reading by eye rather than by ear.
When you think you've got it right, go for a proper blast, then check the colour of the plugs. A light tan/ brown is what you're after, and hopefully what you'll see
