This are my suggestions.
Andyv. since you have access to a machine&pipe shop:
1. incorporate a reed valve too; just at the edge of the cilinder. It would help.
2. Have you seen the megabomb MX 4-stroke exhaust pipes from FMF? If something with that shape and size is incorporated between the carb and the engine, it might work the same way pulsating exhaust gases work beter with a pipe that has a properly shaped expansion chamber.
3.Definitely your pipe looks way too long and small in diameter. At high airflow speed rates, flow will be slowed down by friction against the walls of the pipe. Make it way shorter in lenght and with a middle section(the U bend) bigger in diameter. Make the transitions between the small and large diameter tubing conical, so that flow is not affected. You might end up with the same volume and gas mass in harmonic pulsating flow at your targeted rpms, but with a shorter pipe and with less losses caused by friction. So it might improve your power at low and higher rpms.
All this changes would not imply more exhaust noise. All happens between the carb and engine. And no more exhaust noise, but more power is always welcomed.
That's my humble opinion.