timing wrong? thats for sure 32 dbtdc
jetting wrong, yes its wrong. try this
http://www.nrracing.com/product-p/22mm-jet-kit.htm Fits Small Body Mikuni 22mm. Will not Fit Flat Slide or Large Body Round Slide.
Gas = 130 Main, 12.5 Pilot
Methanol = 210 Main, 20 Pilot
piston hitting head - possibly you need .020" from piston top to head.
wrong springs? yes, cam calls for 32 lb and you put in 26, you may be able to shim for higher pressure (e.g. spring install heigh is X and gives X pressure) this is found on the page you buy your springs from
wrong compression ratio - possibly. you can get a 11-12:1 compression ratio on that cam. if you dont have your compression and timing right, you may not hit those rpms
gearing bad? maybe, if your gearing is too tall, you will never hit the rpms you want if everything else is correct.
transmission bad? some say that the 30 series (esp with 6" driven) will RPM limit your engine. If you switch to a race clutch or centrifugal clutch you will not limit your engines rpm provided you geared correctly. Some people can set up their torque converters to spin 7k rpm.
So in addition to your problem (lean), you have other problems (see above). Good luck!