Joe,
Overheating heating engines can be realllllllly hard to fix. Especially if they have run hot from day one....
There could be an internal problem....excessive friction... creating the heat. Or thin bore walls.
If the ign timing is correct & the carb is not lean, what do you do because nothing obvious jumps out?
I would improve the cooling system:
- better water pump, one that has
both sides of the impeller closed. I have been doing this mod for 20+ years.......because it works. I weld or braze a 'donut' onto the open side of the impeller. Some high end [ expensive ] pumps already have closed impellers. Why it works: without the impeller fully closed off, the impeller fails to capture all the water; just churns it up. With the impeller closed both sides, ALL the water is captured, to be sent through the engine.
- get the small water pump pulley; WP should be overdriven 10-20%.
- get an alum rad. Alum rads have been PROVEN to shed heat better than copper/brass. Although copper is a better heat conductor, the size of the tubes is limited. Not so with alum. Get a two two alum rad with 1.25" tubes. It is the bigger tubes that allows vastly more fin area, the finning being the medium that sheds the heat to the atmosphere. The fins are louvered which further enhances the heat shredding capability.
More tips here:
www.stewartcomponents.com