That's an interesting calculation Motojouni. Thanks for taking the time to measure and work it out. But I think it needs a little refining.
To make it model carby performance a little better, we need to work out how far the needle has to drop for the open area of the float valve to be sufficient to feed the main jet at WOT (wide open throttle = maximum fuel flow). So here goes ...
Flow rate depends on fluid pressure across the orifice, viscosity and size of orifice. The float valve is subject to the static head of fuel in the tank while the main jet is subject to manifold vacuum. I won't bore you with all my calculations, but making some assumptions about manifold vacuum at WOT, fuel level in the tank, also allowing that the flow through an orifice is proportional to the square root of the pressure (all other things being equal). I've come up with an estimate that the orifice area of the float valve needs to be about 2.5 times that of the main jet.
I believe Dellorto jets are rated by size rather than flow rate, so a #120 jet (near enough to stock size for a Lav triple) has an orifice diameter of 1.2 mm. So presumably a #250 float valve has an orifice of 2.5 mm diameter, which will have more than 4 times the open area as the main jet.
To make an opening of 2.5 times the area of the main jet, the conical tip of the float needle has to drop 0.68 mm away from its seat (again, I won't bore you with my workings, it's simple geometry).
So, using MotoJouni's 3.9 multiplier between float and needle, a 0.68 mm valve stroke gives a fuel level drop of 2.65 mm.
I suspect it's unlikely that it'll ever drop as much as 8mm under normal operating conditions - perhaps only when you're running out of fuel and have to switch to reserve.
Cheers,
Cam