1200 is EGT redline. I like to see 1150 personally but I'd be happy 1050 to 1150. If you're running 1200 at WOT you can go to the next larger main jet. If WOT is a good temp but your midrange is high you can either lower the clip on the needle, thus raising the needle earlier in the throttle movement or you can go to a richer needle jet say 2.74.
Pedal geometry is hugely important. I too have dual calipers per wheel, but went through 3 pedals before i got it right. First I didnt have enough brake, then I went to the other extreme and was able to lock them up while landing only using my mind. the third iteration was around 2.8 to 1 and is perfect.
Take the yellow leads off the Key West and remeasure the AC coming off the stator with the Key West disconnected to rule out a bad regulator pulling down the AC voltage. My fingers are crossed for you. I got lucky a while ago, similar symptoms and it was just a bad Key West regulator.