Alright guys, I got my Tsubaki cam chain in. It's meant for a 750, which is why it needs to be cut down. BUT, it has flat-side links, which is supposed to be quieter, last longer, and be gentler on the tensioner parts.
The 750 chain is 94 links. The 550 chain is 88 links. I spent about 30 minutes confusing myself, but I'm 99% certain I have it set up properly to be cut and master linked together.
The two bright dots is where it will be drilled, removing 6 links (each link being one "pin" of the chain), and the master link will be pressed into the two bottom (inside) links making it whole again.
I just wanted to verify that that's correct, as the shop I take it to is good, but they expect you to measure and stuff. I managed to screw up a drive chain because I didn't know what I was doing and counted 10 PLATES, instead of 10 LINKS, so it actually took off 20 links.