I too am about finished with a 500 motor build. I used the Wiseco 59mm piston kit and +1mm oversized valves. I used a MegaCycle cam 125-20 model. The ignition is electronic, and I used CR-26 carbs.
A very common exhasut is from MotoGP Werks in California, US styled very closely to Yoshi 4:1 system. A little loud, but very hearty sound for high performance motor.
I sufges you evaluate the gears for any wear. If present, they can be "undercut" to create a stronger engagement and withstand more stress under higher RPMs so they will not "slip" out of gear.