Oh, Happy Day.....I pulled the '96 out of the water and went into the carbs on Sunday morning (6:00am, nice time to work while everybody is asleep). Took everything apart, carbs out of the ski back on the bench. Clean, clean, clean....I put back ALL the original MIKUNI parts (removed the 757 rebuild kit parts). Put the carbs back in the ski....NO JOY....could not get the ski started. A little gas down the throats of the carbs and they would fire but not for long....what the heck is wrong now???? - DOH, dummy. In my exuberance, I didn't connect the PULSE line back to the carb.....connected it......JOY JOY JOY! Started immediately, maintained herself at 2800 rpm.
Fixed my 12V low problem too.....stator resistance checked out, rechecked all the fuses, traced continuity from front of ski to the rear box connection...all good. Noticed a "little" corrosion inside the connection plug to the rear electrical box, carefully cleaned/ scrapped that out. Made sure all wiring was where it was supposed to be, tightened all grounds, etc. JOY JOY JOY..... started ski and battery voltage was running at 13V+ (rectifier/regulator is obviously working), no more 12V low message on guage , no maintenance light.
Put back on the water....she starts right up, checked RPM's on trailer in water, idling at 1500 +/-, throttle response was good. Told SON to go easy for a minute or two to get her warmed up and burn through any stale residual gas.....then BAM away he went.....full throttle, no hesitation, no bogging down....SHE GOES! Oh, Happy Day! Now, running even better than the day I bought it.
Moral of the story....stick with OEM Mikuni kits.....save time and aggravation (I testify!)