Hahaha...like you need my approval. Ha!
Looks like you have a good one to start with, if it doesn't have any surprises...
Those King Queen seats are fairly comfortable and they don't have to look so bad on the Wing.
The CV carbs are tricky. The Air Cutoff Valves will need replaced most likely. You should not need new brass. But, you will need to pull them completely apart and give them a good cleaning and an industrial ultrasonic bath with Home Depot's Purple Simple Green at 50% concentration will clean out the small passages. The jets I hope are the screw out type. If the main jet is a press in style it can be a royal PITA to remove. You have to pull it before ultrasonic as there are a couple places that just can't get cleaned otherwise. I have a manual by Larry Cargill on the CVs used on the CX500/GL500 and CX & GL 650 bike. Larry's method is to pull the brass and chase the holes in the jet with numbered drill bits and as I mentioned with the ultrasonic. The brass jets themselves can have white deposits from the fuel that normal cleaners don't really get broken up. It is similar to a calcium build up. By chasing the jet holes with the numbered drills of proper size in a pin vice you don't remove any brass but make certain they are cleaned with no deposits. It makes a world of difference in running.
Another thing to look at while doing the belts is to pull the alternator and give it a good test to make sure it is healthy and the bearings and comm are in good shape as well as the brushes. I have heard of guys changing them out with an auto alternator if they need major work. With 37k on the clock it probably needs brushes.
I don't know the water pump on these bikes but the CX motor is an easy drop and then you can get to the water pump. The CX500 cooling fans can grenade from the hub shedding blades taking out the radiator which is hard to come by in great shape. I don't think you have that issue on the Wings. Lots of guys do an electric fan upgrade from a Ducati or GSX and a few other bikes... With the fan and a thermocouple switch ($5-10) epoxied to the bottom of the radiator You can wire it to auto cut on with that thermocouple temp switch or you can manually turn it on in slow stop & go traffic.
I don't know if the Mikunis that a fellow in NC does are also used on the Wings for more performance, but if so...it might be worth looking at if you decide to keep the Wing as it can really wake up the motor without any other changes.
Once you have it sorted out the Wings are great highway bikes and can groove in the twisties as well. Totally different feel than the SOHC4 bikes and when moving the weight issues disappear once you understand how they handle and get used to that riding approach. It is funny to see a motorcycle with a reverse gear...later wings had them. But, I guess with a big dressed out Wing it is very handy.
As far as the rear end goes...
Change the rear shaft gear box fluid and pull the gearbox or while the motor is out you will need to use the proper Moly paste from Honda on the splines. This is critical so you don't have to have expensive rear drive shaft spline wear that can be quite costly and involved to fix.
The shaft drive has less maintenance requirements than the chain drive and you will love that lower maintenance.
Pulling the rear wheel is involved, even without bags to cope with.
You have a solid plan for addressing the issues so I feel confident you will have a good experience with the bike after you have it sorted out.... If it turns out to not be your cup of tea, then you flip it and recoup the investment in parts and you have new experience under your belt.
How did this one come into your possession if I may ask?
Looking forward to your adventure and sharing that adventure.
You might want to go with braided stainless teflon lines, it is worth the extra money in my book as you have better brake feel. I don't think with your wing you will have any of that funny rear and front braking setup where both are engaged with the front MC. Those bikes I think could be a royal pain.
There are more than a couple Wing owners on the forum and I can recruit a few from the CX/GL forum if you don't get answers over on the Wings forum. Like I said, I would like a GL1000 someday and I like the naked wings far more than the Vetter junk on them.
Let me know what you got on the carbs and I can scan you some stuff or direct you to some of Larry's stuff he published on the web over on the CX forums. Randall can redo the Wing carbs but you better be sitting down before you see what he wants to go through them and rebuild them...
Larry can rescue you if you can't get the pressed in jet out. Don't use an Easy Out on them, unless it is a Snap-On or Matco...very good quality unit, not the crap that normally is out there and easy to get. Otherwise, if you break off an Easy Out in them you might need new carb bodies.
David
Thanks for the go ahead David, good to hear.