No I'm not a complete azzhat I just impersonate one on the forum .
For the BS38's we have an issue that needs to be addressed . The inlet that operates the slide needs a somewhat straightened and reliable column of air even in an individual air filter . In a pinch ($$-) I have gone down to the local muffler mangler and had him drive adapters (the kind you find at the auto parts store to go from one size to the other ) onto a cone so that you have a low budget velocity stack you can fit to the inlet of the carb . In better days I actually bought velocity stacks and inserted them in the K&N's then tightened the whole mess down at the carb so that the bell mouthed entry was placed about half way into the element or less so the inlet wasn't choked by the back of the filter .
In later oval section K&N's for the 38 you will find a molded bell extending into the filter . Seems extensive lobbying by the community paid off in a better part .
Okay , now to the meat of this long winded yet informative verbal diarrhea...
verify that the carbs are indeed 38's and that the jetting is somewhere near stock #135 main and 27.5 pilot . Remember that these recommendations are for some provision of straightening out airflow to the carb inlet .
I remember having to massage #30 pilots because the 32.5 were marginally too large . Ideally you should see lean missfire within 1 1/4 turns from seat and rich missfire within 3 1/4 from seat . Outside this range the carb meters unpredictably .
Usually the 140 will get the job done on the main with one caution . if the needle jet discharge to the throat is mangled or worn oval (likewise for needle wear) this may be where it goes rich on top . If however the needle and needle jet look to be in good shape the 142.5 can be used but you will find the needle dropped all the way down (clip in top groove) .
Rich mixtures like this can use a bit of ignition advance but again if you encounter used parts you may have to compromise between sufficient advance at idle and nothing over 38-9 degrees at full advance . If using stock coils get as much dwell into the system as possible while still hitting your timing marks . I start arbitrarily with .014" on the left and measure dwell and make it the same on the right then move on to timing . Synchronizing becomes a bit difficult due to reversion at idle and you may have to resort to the time honored method of hose to inlet to ear .
Last comment . The one thing that will make all this possible is a careful and accurate valve adjust a bit on the loose side (only by a thou or so ) to cut down on the amount of overlap .
Hope it helps
~kop