My understanding is that air leaks in the engine will cause a lean condition, where not enough fuel gets pulled in because the engine is sucking outside air that contains no fuel (bypassing the carb).
A low popoff pressure should cause the mixture to be too rich (too much gas), especially at lower throttle settings.
You said you feel like it's still not releasing gas into the carb. Why do you think this? Is your choke cable hooked up and working on the carbs? I need to pull choke (and sometimes, give a little throttle) to get the engine running. Giving throttle can be especially important if you haven't yet adjusted the idle adjustor.
Are you running the test with the backfire suppressor and airbox cover on? It's important for the various air pressures to have the entire system assembled when you test (although you can leave out a few bolts holding on the backfire suppressor while you test).
If you know that you're seeing gas come out of the return, that means the fuel pump is working in the mag carb. Are you sure that your high and low nozzles are clean and able to release fuel? If you spray carb cleaner in the high & low jets do you see it come out the center of the carbureator?
Did you set your adjustment screws to 1 1/8 turns out (Low) and 0 (fully in) (High). Turn the adjustments gently--they don't require a lot of force, and they're small precision parts so you don't want to force them.
Here's the video that really helped me with my carb rebuild:
I'm really concerned about your statement that it's 16 psi because you don't have other springs to get it higher. You have to use the right weight spring, which typically puts your popoff almost smack dab in the middle. If you don't have the right spring, you can't get the popoff to work right. See this post:
Carburetor pop-off pressure????
Do you have the original springs before you rebuilt the carbs? It might be best to use those. I also don't know which popoff pressures you should aim for (given the difference between the reference guide and service manual), but I'd go with the service manual numbers.
My heart goes out to you. I know this has to be frustrating. I hope you get it soon!