I still think you should look at that straight pipe. If you are not providing back pressure on the exhaust valve, it may be floating, which will allow raw fuel to enter the exhaust port. This will be indicated by flames out the pipe. Most people don't realize that both valves are open at the same time between the exhaust and intake strokes. Even with the fuel and timing set correctly, you will still experience backfiring. Those of us who were modifying our car exhaust systems in the 60's with straight pipes will remember that we get alot of barking and police stops until we started changing the valve timing also. Lucky I lived in a small town and knew the officers, but I did get my share of verbal warnings on a 383 with 4 barrel Holly and Hurst 4 speed. Slowing down sounded like jack braking.