It's been a while since I picked apart that 500 engine from the green bike....I have been riding as much as I can this season, make the "out of milk" more than a few times just to take the 750 with bags to the store....been drinking a hell of allot of milk just to keep riding.. worth it.
so that green 500 engine had zero oil in it,somebody took it all apart and put no gaskets to speak of back into it when they buttoned it up, there was however a tube or two of that RV type high temp silicone on every mating surface... there is no substitute for gaskets. So I took off the top end , it came apart surprisingly easy for a change , took it all down honed the cylinders , found a chip on an intake valve so I changed it out.
In the meantime , my fave 500 engine that I figured I had blown a few seasons ago that had an excellent transmission that I had split the cases and thoroughly gone through years ago and would have no issues with it if I swapped heads ,re ring and change every top end gasket and freshened valve train and Bob's your uncle for a fresh top end and a known excellent bottom end and transmission ...so in the green machine it went after paint. Adjusted the valves , adjusted spark timing, new brakes and cables . then pulled the tank dents out , filled what I couldn't get out , derusted the interior of the tank with pounds of stripped 6mm screws dumped in the tank and have a 1/2 hour workout , then toilet bowl cleaner a good rinsing and lotsa 91% alcohol that wiped out any chance of flash rust then sealed it with orig. POR 15, then prepped the replacement side covers and primed them all . so it isn't green yet but it will be . The green orig. 500 tranny is all locked up,shift dogs .kick start and all, I'll take that apart soon to see what is actually the trouble . The fave 500 engine had no sign of failure of pistons, rings, sleeves etc. the valve train is suspect , though the only sign of visible failure of that engine was a running stream of oil coming out of the powerless #1 cylinder exhaust pipe on it's last ride....thought it might be one of the usual suspects , hole in the piston ,failed rings you know the obvious stuff, no, none of that yet so I'm guessing that the answer to that failure must be in that valve train , I'll know better when it gets taken apart but I'm guessing a valve guide failure. It's all fun for me.