Ok. A few more things.
- the cam guide was never out. So, it isn't that.
- the cam was in completely wrong at the beginning but I never tried to start it, I just hand turned it trying to do the valve clearance when I realized I had botched it.
- the plug recesses are nasty, so it wouldn't surprise me if something could have gotten down in there through the plug hole.
Things I would like to try but have no idea how to do:
1. Check for bent valves.
2. Compression test.
3. Put oil in the cylinder to check for dry cylinder.
Trav-i may come down this week and help me sort things out, so hopefully two heads will be better than one.
On a lighter note:
I would love to go to Australia and play motorbikes, Dave. I've always wanted to visit. However, I don't drink beer. In fact, this bike will be a completely beer-less build. I got through engineering school at Georgia Tech without an all-nighter so I figure I can get the bike how I want without beer. I'm a super-hero like that.
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Thanks for all the interest and help guys.