Jetting prob i hope

what i can say from my own experences is try and fiddle with the air fuel mixture and if that dosent work try and see if it runs better with the choke out when it starts to bog and if none of that works make shure you are making good compreson the reason i say that is cuz i have a old 500 indy snowmobile and it runs exacly how you say that your blaster runs it fires up and when you try and go it just bogs and when you pull out the choke it will stop boging but it wont run under 4000 rpm and also check your compreson when its worm and when its cold you might just need a new pistion its probly worn out and when it worms up the jug expands and the pistion probly cant seal properly i don't now if this helped you but any knowlage is good knowlage
 
you can make one O'reily's has most of the parts if you got one around you(shreader valve, airtank valve with gauge, fitting, and rubber engine water plug about 1in) pvc I got from hardware store ( 1in to 1/2 inch threaded). around 20 some bucks for all. use a bike pump to pressurize it when you got the motor plug in the exhaust port and the tester on the intake boot. don't go over 20 psi, it should hold pressure for a min or two.