Justin - a few cranks and it starts back up.  just a few more than usual and sounds like she's really lean for a few seconds then idles and revs fine.

Savageman - if it were a valve problem, wouldn't it be happening all the time?  After several stop-go-die episodes this morning, she decided to run like a champ.  

Battery is good and tests good under load.  

The clutch safety switch... clutch in or out in neutral and she runs fine.  don't know why it would only effect it when a load is applied?

Kick stand switch... she runs fine with the stand up in neutral or in gear with the clutch in.  Just dies when the clutch is let out and a load applied.  And it doesn't do it every time.

I agree that perhaps the safety switches could be to blame.  'Cause it only happens upon the load from stop to go.  And it happens quick.  I'll check connection.  What's a TDI unit?

Was your problem intermittent?

TDI is the spark control unit under the left side cover. It's not a CDI cause doesn't use caps to generate a voltage to the ignition coil. Anyways could also be a shorted ignition coil.

All this stuff I mention is just some advanced trouble shooting methods I would use to diagnose the problem.

Pull the spark plug connect it to the coil and ground it then crank engine. Do you see a bright white/blue spark or a lame ass poor excuse of a  spark?  

First off, I would like to thank every one of you who took the time to help me with this.    (place beer mug icon here)

I'll be working on my bike today.  Since it only does the start-go-die thing occasionally and mostly in the mornings after a brief warm up and I've already changed the plug and cleaned the carb, the first thing I'll do today is check for air leaks.   Then check safety switches, coil & TDI connections.  I'll let you know how it goes.  Mahalo!

OK Savage Gurus... I went through the electrical... Nice blue spark on a new plug, cleaned safety switch connections and tested.  Went on a test ride up the hill, ran great until I got about a block up the road in 3rd gear blub, blub, blub, dead.  Didn't matter pulling in the clutch and giving more throttle.  Nothing keeps it from dying except going downhill in 3rd gear.  I can hear it wanting to die but it doesn't.  Seems if it were electrical it would still die going downhill in 3rd gear   ?

Also, when it does die the first time there will be this putrid smell.  Definitely did not smell like fuel.  Strong acrid smell.  What the heck was that?  

I did notice that when it wants to run awesome it idles close to 1,500 rpm.  It does give me notice when it wants to run like crap by dropping idle closer to 1,100 - 1,200.  I originally set the idle at 1,200 but lately when I first start it up it idles around 900 - 1,000.  When it's warmed up and wants to run good it idles closer to 1,400.  I installed a tach a while back but I can hear when it wants to run proper and when it doesn't.  Doesn't  miss or backfire, just sounds like it doesn't want to go to work for the day.  

Any ideas?

As everyone knows a cold engine doesn't produce as much power as one that is warm and if something is dragging the bike down then it might be enough to cause stalling.  One very simple thing you might want to check is to see if there is any extra resistance to rolling.  Jack it up and see if the wheels turn freely.  Maybe a brake is dragging, or a wheel bearing is shot.  Is there any extra friction in the transmission/clutch.  I don't think it is likely but since nothing else seems to be the cause it's probably worth checking.