Lots of the tubular structures used on airframes are 4130 chrome moly steel. If you look at modern aluminum bike frames you'll see the engine is a structural member and you'll also see large sub frame diameters to make up for the weaker material.
Riveted, bolted and bonded tubular aluminum structures do away with temperament welding issues. You just can't get the aluminum welded area as strong as the unaltered parent material. You can do anything you want with the stuff welding, it's difficult to maximize strength to weight ratio. Cool looking is cool looking regardless to the frame color
however there is a certain satisfaction in doing something different to be set apart from the others.
rt
I had a job building tubular chromoly steel frames for aircraft engines.
I built them from scratch. I TIG welded them. They not only passed all tests but went 6g's past load limits and only distorted 1/4 inch. No welds separated or fractured.
BTW.. I am a certified welder and a certified welding inspector through the American Welding Society.
I was a jet engine mechanic in the Air Force and worked on C-130's and F-106 Delta Darts.
Aluminum aircraft frames are rated for so many hours then scraped.
I am sure you can build a aluminum frame for the CB750.
You will not be able to attach the kickstand the same way as they did on the steel frame. Might as well make an aluminum oil tank too. And an aluminum gas tank.
You can buy aluminum handlebars or titanium bars.
Then you can buy titanium exhausts or make them.
Aluminum wheels from a CB750A.
If you use square tubing for the frame it is 16% stronger.