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Double check that the mark on the balancer is the same as TDC, I've had balancers slip and the mark be way off. If thats correct and timing is setup right either extra fuel in the exhaust or a exhaust valve or valve spring. But either the valve or spring should be making a noise I would think if they were bad.
Scott
From: Who says "Nothing is impossible" ? I've been doing nothing for years.
Re: Backfiring- What causes it? (Scott78)
I had a backfire problem when I forst bought mine, thought it was kinda cool
when I let my foot off the gas, but got kinda annoying. Rebuilt the carb and it went away :D
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