macdude443,
I was unable to follow some of your suggestions because I don't have a vacuum pump or a working tach (although I have two non-working ones installed!). I did figure out some other stuff, based on your tips.
(1) My SolVac is being engaged continuously, whether the AC/lights are on or not. I determined this by hooking my voltmeter to the hot lead of the SolVac. I had assumed it wasn't working because I never saw it move when I turned on the AC, but that's because it was already on ... The SolVac adjustment screw is now screwed in as far as it would go
(2) I was able to help the problem a little bit by screwing the 'curb' idle screw all the way in (assuming the 'curb' idle screw is the one closest to the fender, and not the inboard one that contacts the little white plastic cam). This prevented the 'low' part of the cycle from dropping enough revs to stall the engine, at least until I try to use the lights or AC.
(3) Also, when the idle speed is 'cycling', there is no movement of the throttle linkage or SolVac. This suggests to me that the cycling is caused by the engine computer bumping the timing to prevent the stall, as you suggested.
(4) So it seems that something external to the throttle linkage is trying to stall the engine, and the cycling effect is just the engine trying to keep itself running. Presumably this is also why the SolVac is engaged all the time. Problem is, I have no idea what that 'external' thing could be... a vacuum leak away from the carb, maybe? Is that the normal effect of a vacuum leak, to drop the engine revs?
(5) The other baffling thing is that the problem usually seems to cure itself after about 15 or 20 minutes of run time. I just have to keep blipping the throttle at stop signs for those first 15 minutes.
Please feel free to pick apart my logic. I'm getting a little discouraged here.
Thanks,
JB
P.S. I just read the post from OregonCowGirl about stalling, and it talks about cleaning the 'idle tubes' in the carb. I think my next step will be to fire it up with the air cleaner off and feed it some carb cleaner directly in the butterfly valve.