I heard from a triumph dealer that the little oil passages to the top were prone to getting plugged up pretty easily and that lead to alot of overheats and seizures. That was one thing he told me to be aware of when I was looking for a replacement engine. Would this be a) true; and b) a possibility for this lock-up? I'd like to know the validity of this claim from the trump guy...
Good luck getting that going again
That is likely what happened here. The result of one or both of the oil orifices getting plugged is a cam seizure.
However, i take issue with the use of "prone" I have never heard or seen of any CB750 seizing a cam that had never been apart.
The orifices get plugged with debris, usually the misuse of silicone sealer, from a tear down. That's not the engines or Honda's fault.
The thing to be aware of in buying a used CB750 is, has it been apart. If so, look closely for evidence of silicone sealer. It will ooze out of the gasket place and harden. It oozes on the inside as well as the outside. On the inside, little bits of the hardened silicone break off and travel like a blood clot looking for a restriction, and they find it in the oil orifices feeding the cam.
If it has been apart and back together and you can't see any silicone, still request that you remove the pan and look at the oil pump screen. It too will collect bits of silicone.