I have never seen a Road Star (at least not one with aftermarket accessories) that did not have a black tailpipe Shep.
Your mileage is in an acceptable range, leading me to think you most likely are close to dead on with regard to your jetting.
Remember that adjusting the
PMS has little effect after you open the throttle at all. It only has a major effect on mix at idle. The PMS circuit has four exit pinholes that allow fuel to flow into the
carb, and three are closed when the throttle is closed. The PMS screw only adjusts flow through one of the four exit holes.
Adjusting the PMS is real easy, once you have done it the first time. Might want to go through the process of removing your air cleaner housing, and using a small mirror to locate the PMS tower on the back of the carb at home. Once you get a feel for where it is, you should be able to make adjustments fairly quickly on the road (just a few minutes).
You are correct that turning the PMS in leans the circuit. I don't think you need to check you plugs each day, but won't hurt if you want to do it.
There is no "perfect" jetting for a Road Star. It operates over too wide a range of temps to ever be perfect. You are looking for your best balance in your normal operating temperature once the bike gets warmed up. If we had radiators this would be less of a problem. Thats why everyone's tailpipes get sooty. In every ride there will be times when you are real rich due to operating temps on the bike. As the bike heats up, it tends to heat the incoming air too, and that leads to running richer. On rides through hot ambient temps, you are going to run richer than through cooler temps.
Radiators (and their temp control valves) keep operating temperature range to a minimum and fairly constant. Without them we are at the mercy of ambient air temps and have to acomodate a wider range.
Pay attention to your bike's
decel performance. If you can induce backfire on a hard decel you are too lean. It will be most noticible when you are running at a relatively high
RPM and close the throttle completely off. At that point you are putting the carb through a high vacuum cycle and the
main and needle circuits are largely shut off. The bike will be using the PMS circuit as its primary fuel supply.
Good Luck!
GRAM