For me JOG, it's about learning and knowing I've tuned the carb as good as possible for my setup. It's also fun to do all the WOT pulls.

I installed the PWK38 carb because I literally broke the stock carb. I added a 5” UNI foam filter to accommodate it and get it breathing better. I installed a Dyna muffler because I like the look, sound, and slightly better breathing. Just all the low hanging fruit stuff. I've only spent about $150 on performance enhancements.
I'm not going for 50hp with an aggressive cam, bigger valves, porting, and big bore high comp piston, etc... Yes, I have thought about it, but I've decided against it. I may try to do a little exhaust porting that really won't cost me anything except time.
I’m trying to use the stopwatch as a tuning tool; not to illustrate superior power or performance. Tuning this PWK38 carb has gotten to a tricky point and I want to see if some data can help. My biggest issue right now is when slightly closing the throttle from WOT. It’s just not as clean or smooth as it should be (surge, pop, stutter, I can’t really describe it). I can’t tell if it’s a lean surge, main jet too big - going from a 130 to 128 helped but did I give up some performance?, or should I move the clip on the needle richer or leaner? The stopwatch can’t detect those “hiccups”, but once I find the right recipe, I want to know if I’ve tuned or detuned the carb to get there. Before I installed the Dyna (with the stock muffler installed), I had to move the clip on the needle leaner to alleviate the issue.
That said, when I had a PWK40 on a different S40 with a more open pipe (Jardine) and I was using a flat panel air filter in the air box, I was using somewhat larger jets and the clip in the 4th groove on the needle (richer).
On that bike, I had a PWK40 - stock air filter set up and Jardine muffler and ideal jetting was around #38PJ, #138MJ, clip in 4th groove (richer). I thought that was good. In 20/20 hindsight, I could have used a smaller PJ - like a 35 or 32 and my butt dyno lied about needing a 138 and clip in a richer groove. But it ran good.
With this current S40, I have a PWK38. I’m at #32PJ (2 turns out on A/F mix screw), #128 MJ, clip in the middle groove and it ain’t quite right when slightly rolling off WOT.
These tunes (other bike/this bike) aren’t reconciling for me…. I’m a bit baffled. I could just leave it as-is and just not run it WOT, but that’s no fun. The bike is running great except for this little pesky deceleration issue.