Pop off pressure is good and is right at 20psi. I ordered a jetting kit from watcon that said if you tell them about your ski and where you ride they will send all the right size jets, etc. I’m wondering if they just made a mistake or what.
Every ski / build / location elevation, etc is different, and can require different set ups. We in no way say our specs are the end all in tuning. It is just a good starting point.
That being said, we have built MANY stock 550's here over the years, and this is what works for us here. You are in a very similar climate, and even higher elevation than me. We use these jetting specs over, and over on a good solid stock 550. Terry (WFO) is down south, and a different climate, and elevation. His specs may work for you, but I think you would be very rich at a 120/125 pilot jet.
I will say all too often we find people want to just throw parts at a poor running ski, without really knowing why it is running bad in the 1st place. Why did you replace the carb?
I have a few other questions for you.
What carb are you running? I know "SBN 44" BUT is it a genuine "Mikuni" carb? (Or Amazon China knock off?) Is it new, or used? Is it a stock carb from another application? (IE Yamaha , Tiger shark, etc?) If it is used, did you rebuild it? Genuine Mikuni Kit? Are you certain you have the correct gaskets/diaphragms on the fuel pump side?
Have you done a leak down test on your engine? An air leak from crank seals, intake/carb gaskets, cly base gasket etc can and will cause a lean condition.
What is the condition of the rest of your fuel system? Fuel lines, fuel pick up, fuel select, etc.
What is your high speed screw set at? Have you tried turning it out more? Does the ski run better as you do turn it out?
Again, I am not saying you that you may or may not need to jet up, BUT I just don't want you band-aiding another issue with richer jetting. These skis are old, and many times just worn out needing more attention than just a new carb.
John