from the magazine tests back then (Cycle) I recall the SOHC 750F having a peak horsepower of 58 at the rear wheel. Same dyno, the DOHC 750F had 65. Quarter mile times dropped from the 12.9 range down to the mid 12s and a little lower. Had an extra 1000 RPM to the red line. Engine sat higher off the ground for more ground clearance in curves.
It did have more EPA issues to contend with as you point out.
The overall package was perhaps better: dual disks, transistorized ignition, oil delivery to head externally routed, better suspension, HyVo internal chains etc.
Not a revolutionary bike - more incremental. The V45 Interceptor that followed was more along the lines of what you perhaps expected. 75 HP, water cooling, absurd ground clearance, fairing, 16" front wheel . . . .another 1000 RPM top end.
If you are fine tuning it, there is a small pilot jet hidden under a black cap. This needs to be carefully cleaned for good running. Replace the coils with 1998 or so CBR 600 coils for a much better spark (about $40 on Ebay) If it needs a valve job, go for a home equtiy loan . . .