Well a few things have happened the last couple of days.
Last night my wife and I drove down to Louisville to have dinner with the original owner of the bike and her spouse. She had received the duplicate title and was signing it over to me.....and I promised to buy them a nice dinner for all their trouble. We hit it off really well, and have a lot in common......we have some new friends and are going to keep in touch. They play music, and we do to...so we will get together and jam on occasion!
I have been pondering the next step in this process. I know there is an oil leak just above the spark plug, and the head cover has to come off to fix that. The engine turns over and seems to have good compression, and it only has 3,949 miles on it......not much chance of anything being wrong in that low of mileage - right?
Tonight I decided I was going to take the head cover off and fix the oil leak, and also put in a Verslagen head plug. I took the valve adjustment caps off, and rotated the engine to TDC - and to confirm that I am at TDC I always wiggle the rocker arms to make sure there is a bit of play......so I can confirm I am in the correct TDC. The intake rocker moved back and forth - but there was no play in the exhaust rocker. There is good compression so I know the valves are seating properly - but the adjustment seemed overly tight. I removed the head cap, and found that there was no sealant in the area where the oil leak was.....and very little in the other areas. I don't know what kind of gasket sealant was used the last time it was off....it was black and looked like factory stuff - but it appeared that it all squeezed out and left none in the joint that is supposed to seal.
The even worse news is that the exhaust rocker is badly worn, and the cam lobe for the exhaust is equally worn and the lobe is flattened. There has been a large amount of wear in very few miles.....and this is why we are always hammering on you Noobs to use an oil with a high ZDDP content.
The good news is that I have a spare cam and rockers that are in good condition - so I can install them and not have to buy anything. I will have to take off the clutch cover to release the cam chain tension - and I can measure the tensioner extension while I am in there. I might also take the clutch plates out and clean them and scuff them up a bit, as they may be contaminated with some "Friction Modifiers"...as it appears that the last owner was using a low ZDDP car oil in the bike.
So once this is corrected....the next question is do I try and start it without cleaning the carb? The fuel tank was clean....but who knows about the carb.....and should I do the white spacer mod and change jets without even riding it first? So many tough decisions!