Neil, I scanned thru most of this thread to see if I can give anything useful.
Spark plugs: 62 thou gap seems Ok, could go bigger I'd say try 75 thou, see if it likes that. To save time, just change one plug, if it still runs OK, do the rest.
Did you change the tire size yet?
I didnt see any mention in my quick look-thru of this thread of checking all round for vacuum leaks. Ron always has said that vac. leaks are a common thief of mileage gains. Check every hose/line connected to manifold vac. spray carb. cleaner, etc. around intake manifold gaskets, TB base gasket, etc. or use propane torch unlit. RPM change in response shows a vac. leak needing remedy. Small vac. leaks are SNEAKY, often won't give rough idle or poor throtle response or anything you can feel, O2 sensor will detect 'em and ECU will cover them w/ more fuel.
I think all your work so far has been up to scratch. If you have the TB off again, check that your re-cut Groove is full depth, put large bit into it, see that bit flat base touches Groove flat wall AND that the taper on the bit shaft just behind the cutter is touching TB bore.
Again, if TB is removed, give us more pics of this TB- from different angles including outside, the inlet side, and enough so we (I) can get a complete sense of this TB.
In any case, it sounds as if this Groove is working, based on changes you've already mentioned. If power and off idle throttle response has improved, and if the hot engine exhaust has cleaned up, that generally means the Groove is a sucess. Though, there are often further improvements available. Get someone to check the tailpipe smell...!
Without looking 'round further...have you used any Snake Oil in this truck yet?
Tracy G