I'll try that

 

Actually didn't fix it, i'm going to try and get a carb rebuild kit, along with my crank seal....

 

i see this is a little old but gotta give you a couple pennies. first the fuel dumping could be that the float pin has fallen out and the float is dancing in the bowl. more likely i would say you need a new needle and seat but part number will be obsolete and if you do find one with the OEM part number you will pay double. just need a needle/seat for a mikuni vm32ss. but the first thing you should do is drain the oil because it doesnt take much gas to cut the oil and you will burn your main bearings up and it happens fast...good luck