I thought my SV was a little sick, but it took till today to find out just how bad it was.
I swapped bikes with another SV rider and went for a spin. The immediate conclusion - my bike is missing at least 50% and probably closer to 2/3 of the power it should have. I went 100 miles per hour on a motorcycle for the first time today and that happened practically instantaneously from freeway speed.
Compared to the known-healthy bike, my bike pulled just fine up to 4500-5000 RPM and then just got badly winded while the strong bike took off like a rocketship. The strong bike also had massive engine braking compared to mine - when I lifted off it locked the back tire for a couple feet while mine just coasts.
Carb jetting on mine appears to be right; both the local bike shop and I have gone through the carbs.
Can anything other than "severe lack of compression" explain this?