I got a 1991 340 Red Stripe a week ago, lovely condition, 47k on the clock. Drove it home, loved it. Noticed slight popping from the (blowing) exhaust on overrun, thought nothing of it.
Used it all weekend and monday, noticed it was reluctant to start monday morning, took it to work and had a tech check the timing with a strobe, he said it was fine. Went to start it on tuesday evening and it was NOT happening.
Since then I have
Had the carb stripped and cleaned
Re-sealed the carb onto the inlet manifold
Changed the plugs and leads
Had another mechanic mate play around with the mixture screw and timing (dont know what it was at originally now

Charged the battery
Replaced the rusty exhaust
Cranked it over a lot
Sworn a lot
Noticed huge amouts of fuel vapour shooting out of the top of the carb when I stop cranking (got a flame out of it once..)
Can anyone PLEASE give me some pointers? Its a brilliant little car and i'd rather be using it every day than my thirsty(er) 4x4.
Can i set the timing up with a strobe with the engine static or is there another procedure?
How many turns in or out should the carb screw be for standard mixture?
Any help is vastly appreciated
Martin