Fin is right and I should have qualified my post. The diameter of the needle does allow some fuel into the intake stream via the needle jet at idle and up to about 1/4 throttle and even if he needle has been raised, the amount of fuel passing the needle jet is marginal will never be enough to foul plugs. I still don't believe the plug fouling is caused by fuel passing through the needle jet.
As Fin points out, the slow jet is in play at idle to about 1/4 throttle and sizing that jet properly (45 may be right) would be worth checking. JMHO but the A/F screw should not be used to control fuel passing through the needle jet; that is the job of the needle and needle jet. The A/F screw should be used to set a smooth idle. Turn the A/F screw all the way in, not hard, and the motor should stumble and idle rough or even die. If that happens, the slow jet is too big. Backing the A/F screw back out until the motor is idling smooth is the next step and that usually takes more than 13/4 turns but every motor is different. Even a 1/8 turn can make a difference so make A/F adjustments slowly and at operating temp. I don't have a chart for the CV40 needles but there are four N8 needles for the CV44, N8EL, EN, EM and EK. The diameter at the stop increases from .106" to .108" which doesn't sound like a lot but does make a difference. I don't have a chart for the CV40 needles and it is possible that a previous owner has changed needles to one with a smaller diameter.
The way to tune a CV carb is to set idle first, which may involve the slow jet; set mid range and then the main. This can be done by riding the bike (seat of the pants) and plug reading or using an A/F meter if available, I do it on a dyno. Nightrider has a great CV tuning guide.
http://nightrider.com/biketech/hd_cv_mods.htm