Mark, I am not sure I am interpreting what you wrote correctly. did this problem start after you installed the new power valve, or did you have the problem before? I took it to mean a new pv did not fix the problem.
If it started after the new power valve, then it is almost certain to have something to do with that act. Take the valve out, suck on the back of it and the plunger on the other side should retract. If it does not, it would seem to have a hole in the diaphragm. If the valve is okay, look at the gasket and be sure it is not broken/cracked.
If that is all okay, make sure the gaskets are sealing on each side of the metering block. Also be sure your float is not stuck and the carb is simply flooding from too much gas.
While the throttle blades should be set properly, it does not sound like this is your main problem.