I'm fighting with it right now.
I had a cheater pipe laying around so I decided to put it on.
I took the ski to the lake and started on the trailer in the water and everything was good.
I then started to ride it around and get it warmed up.
Once it warmed up I hit a wake and as soon as I came down I lost power and it does the exact same problem that he is having.
The day before I put the cheater pipe on it was running perfect and had been running perfect for almost a year.
It's staying cool, compression is 150 on both cylinders.
There is some paint chips in the bottom of the hull so maybe some got in the carb and clogged the internal fuel filter up.