I appreciate the time you spend on trying to help.
Ypu talking about the screw on the side of the carb? The high speed screw?
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Yep, the high speed screw. If you were running your ski on the main venturi (over 70% throttle) then judging by your plug it's a little too rich. The ceramic insulator will continuously collect soot if it's too rich, and high speed operation burns it off if it's not too rich.
Judging by your plug, it's not a high speed chop test b/c the insulator nose and ground strap especially, should be cleaner than that, and the ground strap should show a color change on it's length.
So I kinda think if this plug was in an engine running hard(at max temp), it should have less soot on it. It only takes a couple minutes of WOT running for the soot to burn off like it should, if the mixture isn't too rich. You could try turning your high speed mix screw in maybe 1/8 turn increments to see if WOT RPM improves. If WOT RPM doesn't improve, then you were there, put it back where it was.
If WOT RPM begins to trail off at any time, then you've gone too lean, you want to run as rich as you can at WOT without loss of RPM.
The plug will be brown to black at mid range throttle, it doesn't reach max temp under those conditions.
Plugs are self cleaning if the WOT is set up correctly, too rich and they won't clean up, you probably aren't getting max power at WOT, if the plugs aren't cleaning up.
See the pic of the plug with the ground strap color change. This is want you want to see from your WOT chop.
http://www.seadoosource.com/sparkpluginfo.html