Glad you've found a project to stir your soul
That battery will cause you more problems than you will believe. It does not have the necessary amp hours to support running that bike with the headlight on,
unless you ride well above 3500 RPMs sustained. Sure, no electric start help alleviate the toll on the battery, but these bikes have very anemic charging systems and that battery won't survive a 30 minute night time ride in town.
You want at least 12Ah, preferably 14Ah
and a healthy charging system. You can swap the headlight bulb for a new LED type to reduce the draw, and use an LED tail light/brake light also. But if you proceed with that battery, take some dimes along when you ride to call your mates for a lift home.
You'd be well advised to install some type of heat shield over that muffler. You sound pretty dang tough (having been in Iraq) but I'll bet that your legs can't take 300* without giving up some flesh
Coming from an R1 to this relic, you will quickly discover that the front end is a great deal more spindly and having only a single piston caliper and cast iron rotor, the brakes are vastly different. With those tires and the small forks, I'd encourage you to install a steering damper ASAP lest you wind up on the asphalt from a tank slapper.
Keep the pics coming and open a thread in the Projects section. Not too many folks tinker with the 500 Twin, but there is
www.hondatwins.net for more options if you get stuck.
Cheers