My plan for the next 2 days:
1. Check compression.
*Early and often!
2. Install new plugs.
*Good to see fresh color of fuel film growth, not necessary if motor isn't missing or rough. Should start off yellow and eventually turn cardboard brown as the fuel film grows on the insulator.
3. Lube cylinders (Manual doesn't specify how much XPS Lube to spray. Is it 1 second? 30 seconds?)
*A couple of teaspoons, enough to coat the cylinders but not make puddles, crank electric starter before installing spark plugs to expel excess oil. This oil will only remain there for a short period of time, maybe up to a couple of minutes before it is diluted and expelled out the exhaust.
4. Grease PTO.
*Early and often, to feed hungry grease worms living in the splines. Just enough to see shaft move.
5. Check for loose screws in PTO.
*Also the torqued-off nut behind the wheel!
6. Check RAVEs.
Probably need this twice/season or when RPM's drop off.
7. Check pump inlet.
*No mangled soda bottles, river rock, truck tires or plastic shopping bags inside pump please!
8. Disconnect red rectifier wire (IF someone can tell me what that will prove.)
*If the rectifier isn't regulating voltage or if one of the internal diodes is shorted/leaky then AC passing through RR and floating in DC circuit will interfere with spark ignition much as the symptom you describe. Might not effect both engines, one will be more sensitive then the other. If one of the diodes is completely shorted, most likely the RR fuse will blow.
9. See how long it will run at 5000. If engine doesn't shut off, then go to WOT.
*Okay, if engines accelerate normally as they should, no symptoms of flat lean hesitation throttle response. The reason is, a lean air/fuel mixture will cause detonation and overheat your pistons. Detonation is defined as the fuel inside the cylinder during the compression stroke stops burning prematurely (as in not enough fuel). This is usually detected by flat throttle response, ie: you have to nurse the throttles to get engines up out of the hole, they lean die easily at no wake speeds. Could be lean condition is caused by an air leak down stream of carb in the intake tract (such as missing or torn carb base gasket, damaged crankshaft oil seal).
10. If it dies, place hand on engine to see how hot.
*Should be able to keep hand on engine without being burned, could be uncomfortably hot.
If someone feels like I should add to my list, please chime in. I won't hold you responsible for follow-up advising.