It should really run down to the point where nothing in the injection system works. If you think of the starting up procedure, it must have fuel to get it running, and as you can start it, you obviously have most of it right.
If both cylinders are dropping off, I'd suggest that maybe you have the wrong elements in the pumps, but I think you mentioned that this was a problem before servicing the fuel parts?
The other thing to check is the tension of the governor springs, as they may well not be up to the pull of the external return spring and just collapse at low speeds.
If the engine starts up OK, then it sounds like mechanical governer type of problem, they did supply different governor springs for different speed ranges, and that expernal spring might not be the correct original.
Peter