If the valve guides are worn you can tell with a vacuum gauge test.
While it is idling the vacuum gauge needle will bounce all around.
With good valve guides the vacuum needle will stay steady.
I have to disagree with this statement.
The engine only produces vacuum on the intake stroke which is one quarter of the time in a 4 stroke engine. This very action causes the intake tract to pulse with vacuum pressure and is entirely normal. Anyone who has vacuum synchronized the four SOHC4 carburetors with a sensitive gauge has seen this on the dials. And, that is why they come with restrictors that dampen the peaks and valleys of the surges to smooth out the gauge reading.
It is possible to check valve guide wear and guide seal condition without removing the head. You do need to remove the valve cover, though, which means removing the engine from the frame in a CB750, (unless the frame is cut - not recommended).
I don't believe the valve guides are the major issue for hard starting. But, I would agree that the valve guides and seals are top suspects for blue smoke exhaust after warm up, particularly while idling. As the engine warms up, the oil gets thinner and flows more freely in worn passageways, (via valve guides and cylinder walls). If the intake valve guides/seals are worn, then oil deposits will show up on the spark plug tips. If the exhaust guides are worn, the exhaust system will have oily deposits in it. It's possible to have both symptoms.
However, with such low miles, the machine had to have sat for a good bit of time. This can allow one or more cylinder walls to rust, and then running the engine can cake the rust into piston ring grooves and make them stick to ring lands instead of scrapping the cylinder wall, as they should.
This can be check by a compression test (for the skilled mechanic), or more directly and accurately with a leak down test.
Unless your cylinder walls have rusted, or there is/was a problem with the oil supply, the rings are very unlikely to be worn out at 17K miles. The rings CAN free up with some run time, but only time will tell.
If you do have the cursed valve guide issue. Then the head will have to be removed. The valves will need refacing and the stem diameter measured for wear tolerance. If the stem tips have cratered (likely if the guides are bad) they will have to be ground, the adjusters will all have to replaced, and lash caps installed onto the stems to restore valve length and restore proper valve train geometry. May also need to replace all the valves if they can't be restored to service limits.
The head will need the guides driven out and new ones installed (need driver tool), preferably in a heated head. Then the seats are ground with at least three angles to an equal depth on all four positions.
I doubt you can properly fix this with $600 unless you already have access to the specialized tools and parts required. And, there is ample opportunity to cause further damage if this is your first training exercise. I would expect double that $600 estimate.
You should be able remove and take the head to the proper specialist to have the head itself restored, for you to reinstall. I expect this is the best course of action for the novice.
Cheers,