Well, you want fuel vapor mist in the engine not liquid bubbles. The air mixes with the vapor more efficient. Fuel injection throws a small spray mist. Vapor mixes with oxygen much quicker then liquid. So when the engine is hot, it promotes vapor.
I thought everyone that plays with engines understood that. It all goes into a heated combustion chamber to ignite. If your plugs are fowled and black sooted, you lean it out and step down in jet size, if the tips burn off or are white as new, you add more fuel.
Oh, and control that spark. See all the help me with my timing posts
Thus--- keeping the engine at an optimum heat range will induce vapor so a colder engine is not fuel efficient. Ever listen to the NHRA announcers when the top fuel racers take too long and the engine gets hotter then it should? It makes more power, changes the tune up and blows the tires off by the wrong clutch adjustment.