Need help tuning Quickfuel carb

The rotor indexes to the cam, and the reluctor slips down onto the shaft. You can clock the reluctor anywhere you want to, it has no bearing on where the rotor points to.
But if you do reclock the reluctor then the timing will change. If you then put the timing back to where you started THAT will change the rotor relative to the cap. But moving the reluctor has nothing to do with the rotor; they are not connected.
This is called phasing the rotor, and you said you had already done this, so what would be the point of re-doing it.
There exists a pretty big window for the rotor to be in, it;s not that hard to be in it. This is why I told you to retard the timing 8* degrees and see what happens.
I'm trying to help you but you're sure making it hard.