EdwardDaggerhands wrote: Okay, so here's where I'm at with all of the information provided (thanks to all of y'all, by the way!):
I will run the preliminary tests suggested by Martin and VTEC, then proceed with the steps David laid out (actual disassembly, cleaning, and replacement of tank, petcock, tank filter, carburetor, etc. components).
Does this sound like a reasonable approach to everyone? I appreciate all of the help! Getting these rookie hands dirty should be interesting!
I wouldn't replace the tank without confirming there's a problem. Look inside with a flashlight. See any debris or rust spots on the bottom and in the corners?
If it looks good, and you confirmed fuel isn't being sucked in through the petcock vacuum line, fix the carb and replace the inline filter. All it takes is a small spec of something in the needle and seat to cause the problem, but replace both to be sure. I've seen fuel-logged floats that lose their buoyancy before, but pretty rare.