my apologies to you Tim and my thanks to Craig for shouting me down, he was right to do that,,
my post was harsh, we are here to help and want to continue to do so,
my instant reaction was that if fuel is coming out of the vent then it is definitely running into the cylinder, and the air filter if you have one, under these conditions you should not start the engine, the two outer and running cylinders will force the centre, and fuel of fuel one over TDC (top dead centre the highest point of piston travel in the bore) and very likely bend (as in shorten) a con rod, this will be caused by the excess fuel in the cylinder being put under hydraulic lock conditions, highly undesirable.
Take the carbs off, its not hard, you already know that they come off in a "bank", disconnect throttle cable at the quadrant, unscrew (countersunk screw on side of carb) the three choke cable connections and pull out all three plungers, loosen the carb clamps, remove the inlet rubbers, do not wiggle the carbs, just "pull" them off, WD40 helps here when refiitting to give a degree of lubrication for the future removal
if you are only working on the float bowls it is not necessary to disconnect the carbs from the bar fixings, but for checking the float heights this is then a must.
Maybe when you fitted new seats and float valves you missed a fibre washer under the new seats?
CLEM