The cruzinimage 605 kit is a good inexpensive way to increase torque and some horsepower. The kit cost approximately $120. It does not increase compression from stock.
Wiseco makes a 553cc (59mm 0.50 over) kit that Cycle X sells for about $550. It bumps up compression to 10:1
Dynoman makes a range of kits 572cc and 592cc with 10:1 up to 11.5:1 compression.
A CB650 cam will also increase performance as will a porting job on the head. A combo of the three, especially with increased compression will yield the best results.
I am also a fan of APE heavy duty cylinder studs. You can buy them direct from APE Racing, Cycle X, Dynoman and others.