When checking the timing make sure the timing mark advances when you rev the engine. I agree with Mickos, it sounds more like fuel problem. Did you check for fuel coming out of the accelerator discharge jet when you open the throttle. If zero discharge this will give you a big flat spot on acceleration and it might also stall the engine.
The way the carby works is as follows-
At idle you have fuel coming out of the idle discharge hole which is below the butterfly and controlled by the mixture screw. Above this you have what is called progression holes, the purpose of these holes is to give a smooth transition from the idle discharge hole to the venturi discharge nozzle, which is connected to the main jet in the carby which supplys all the fuel for running the engine. On gentle / hard acceleration, the accelerator comes into play preventing a flat spot and possible stalling.
You need to check if the accelerator pump is working and fuel is being discharged into the venturi. The venturi discharge nozzle is not blocked. Check the timing is set correct and it advances.