I appreciate every comment and suggestion so far.
I certainly don't want to insist that my testing has been exhaustive or done absolutely correctly, because the bike isn't running and something is wrong, so I don't want to fall into the trap of "defending" my troubleshooting.
The carb swap was "tight" but the carbs settled onto the flange and appeared to seal up with no interference. The balance tube is in place. Both carbs will run the Left side properly ... neither carb will run the Right side.
Coils are wired in series, and I have swapped them, the plugs, and plug wires separately.
The right side quit running on the highway at cruise like a switch had been cut off, and has not run since in any way except for the occasional pop. Both spark plugs are firing together on each upstroke (as evidenced by the spark detectors).
I have removed the right side silencer and run it; strong pulses coming through on each power stroke, but no power.
The valves are operating properly; the compression tester (at WOT) shows 75 on the first stroke, 125 on the second, and 175 on the third, exactly like the left (running) side.
If I hold the tickler down, fuel splashes out of the carb bowl as long as I hold it down, and stops dead when I let go of the tickler, so fuel is flowing. Both carbs act the same when connected to the non-running side in that respect.
Assuming it is an ignition failure with the Pazon, either on the circuit board or in the timing chest wiring .... What kind of failure mode would result in the right side never firing on time no matter how I swapped the coil wiring around?
Thanks!!
Lannis