Check your timing on the other spark plug wire. Your timing should not jump all over.
If you pamco is not received 12.5 plus volts from the Battery/Capacitor the bike may run, but it will run like crap when throttle is applied.
Check for TDC, then check your timing marks, I know the pamco will allow the bike to run if firing before TDC. Make sure that your in the timing mark F when the bike is running/trying to run/start. This mark F (13-15 degrees should be) .5 inches clockwise from your TDC mark.
If those are BS 34 carbs, turn the idle mixture screws out 3 turns and go from there when the bike is running. Have you re-jetted for the open pipes and pod filters? Im +2 on the Mains, and Pilots to get my bike to run well, and not lean fire.
I feel you may be off on the initial timing. I did the split the middle on my pamco install, and it ran, but didnt run well and would pop.
HTH