Thanks all! I'll seal up my caps with the RTV (whatever that is, hopefully my parts pusher will know). But I'm thinking the discovery of patina under my caps is NOT my main issue with wet weather. The additional rubber seal at the top of the caps are in place. Cleaning up the patina and measuring cap ohmage will happen when I swap out the Champion plugs for NGK's this weekend.
When I inspected the points on that soggy day, I noticed that the candy dish (points cover) did not have a rubber seal. Looking at the parts fiche, it's supposed to. Guna add that to my next OEM parts order. I didn't SEE any water in there, but that doesn't mean it wasn't hiding. Water is pretty sneaky stuff ya know! I'll also look around for other "water proofing" opportunities elsewhere on the bike (Vreg, rectifier comes to mind) where wind-blown water could invade the electricals.
I'll be tuning her up over the next few days (weeks/months/rest of my life!) and will keep you posted. (TT, thanks for the tune-up order posted on another thread!)
done so far:
Oil & filter changed
air filter inspected
drive chain adjusted
rear wheel aligned
rear break adjusted
tire (tyre) pressure checked
fuel flow confirmed
bowls drained
break light confirmed
headlight working (high & low)
turn signals OK (slow when batt is low)
only one running light (hmmmm)