Okay, so today I removed the camshaft cover to inspect the o-rings that I installed in lieu of the factory oil pucks as mentioned at the beginning of this thread. The engine began leaking oil from somewhere in the top end shortly after installing them, and I've suspected that perhaps the o-rings shifted out of position. After removing the camshaft cover, I observed that the o-rings remained in position as I had hoped, and they were all in good shape.
Of the six that I installed, only the outer two sealed well enough to prevent oil from getting down onto the head nut cavities, as those two were completely dry. The four cavities grouped at the center of the engine were all very wet with oil, in spite of the o-rings looking the same, and I thought this was an odd pattern to simply be a coincidence.
I decided to inspect the under side of the camshaft cover, and I noticed something that I had missed before. The outer two locations that use the oil pucks are dead end cavities in the casting the of camshaft cover, but the four locations at the center have plugs that cover the inner ends of the valve rocker shafts. Apparantly, these plugs don't actually seal, but rather allow some oil to pass around them. My CB550 is a '78 model year, and I know there are early and late variants of the camshaft covers, so I don't if these plugs are specific to the later covers, or if all of them have a similar design.
In hindsight, this explains the small amount of oil that is normally found pooled on top of the those center four pucks, as it drips down from above at the ends of the valve rocker shafts. So, replacing the oil pucks with o-rings was kind of a sucessful failure, in that the o-rings did effectively seal the camshaft cover to the cylinder head, but the hollow center created another significant oil leak from the ends of the valve rocker shafts past the mating surface between the camshaft cover and the cylinder head, straight to the exterior.
To recap, using an o-ring on the outer two positions works great, but the inner four positions need to use an oil puck. I retained the oil pucks that I removed a few months ago, and reinstalled them with a bead of high temp RTV to help seal them, tomorrow I will test ride to see if the top end oil leaks are finally sealed.