THIS IS THE SAME NOISE MY 78 CB750A MAKES ON START UP. IT ALMOST GOES AWAY WHEN WARM. I TOOK IT TO A COUPLE OF MECHANICS THAT WORK ONLY ON METRIC BIKES AND THEY BOTH TOLD ME IT'S A CLUTCH COMPONENT THAT MAKES THAT NOISE. ALTHOUGH A PITA TO HEAR, THEY BOTH TOLD ME IT DOES NOT AFFECT THE BIKES PERFORMANCE AND DURABILITY. I'M STILL LOOKING FOR THE NECESSARY PARTS TO GET RID OF THAT NOISE. BUT THE BIKE RUNS REALLY WELL. IT HAS 37,000 MILES ON IT.
REGARDS.