[/quote]That is actually a really safe and prudent thing to do...only thing is, valve cover doesn't come off without pulling the engine out of the frame...If you do opt to do this, and you will probably not fully understand all of this until you get a good perusal of the manual, I would go just far enough to remove the cam and rocker holders. Then the cam tower seals (they look like and are often referred to as little rubber pucks) can be replaced as they are almost guaranteed to start leaking on a bike that has sat for years. Also, remove and replace the four little o-rings under the cam tower, and remove, clean, and inspect the oil jets. This will ensure that your valve train stays healthy.
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I was under the impression that it was a pain to get the valve cover off without removing the engine not impossible. Learning stuff already.
I may pull the engine so that I can clean it and give it as much of a thorough going over as possible. It sat for 30 years so I am a bit nervous about not checking as much as I can. The cars that I have quite a bit of experience with are air cooled VWs and I have pulled those engines on a Friday and re-installed on a Sunday. I am hoping that this wouldn't be much more difficult than those were...I could be wrong though.