Well y'all, you're gonna love this. Took the carb back apart and realized I used the (smaller) slide spring from the old OEM carb, thinking the smaller spring would be easier to install and yield the same results.
Looks like the smaller slide spring was allowing the throttle to sit mostly open at idle, causing it to rev high.
Put everything back together with the bigger carb spring, reseated the slide, fiddled with my idle and slow jet screw and voila - she fired up on the first pull and purred.
Now to take care of the final problem - riding the quad causes the rear axle to roll forward and pop the chain off. Now where to find these nuts and bolts, hmmm... hardware store after work today and might post a video of the $20 scrapyard special running and driving.
thanks for all the help fellas!