I'd check these things, especially since it sounds like it was sitting awhile, and because it's a CB650.
1. Pull the plugs (a CB750/500 plug wrench works great, if you don't have the stock one) and see if they are all the same color: should be light tan or light gray.
2. Check the intake valve clearance. It should be .002" or .003". I prefer .003".
3. Check the exhaust valve clearances. They should be .004, despite what the manual says.
4. Get some BG44K (NAPA usually carries this) and put 1 ounce in each full tank of gas until the can is gone. Keep the can sealed until you use it. This amazing stuff will clean off the valves and rings like new while lubricating them full time. It's pricey, $22 per can.
The CB650 suffered from "sticky valve syndrome" because of its design. It runs real well until they start sticking, then it will eventually burn the valve(s) because of the problem. Either disassembling the head and cleaning them or doing the above steps will clean them nicely. Disassembly is faster, BG44K is more fun.