I know a thing or two about weight reduction.

For the front wheel, I used thin one-piece rotors from a Yamaha; these are about 2 pounds lighter each than a stock 750 rotor. Phenolic caliper pistons will save another 1/2 pound or so. Ditch the stock speedo drive, and replace it with an aluminum spacer, as well as the steel spacer on the other side. A spoke wheel with a steel rim is 1 pound lighter than a Morris mag, so an aluminum rim should be lighter yet, but I don't know how much.
Regarding the motor, the only simple bolt-on weight saver I know of is the alternator rotor; the early models had a flange on the rotor that weighed 1.234 pounds more than the later rotors. You did remove the starter clutch mounted on the back side of the rotor, as well as the drive gears, correct?
Switching from the stock 4 into 4 pipes to a 4-1 will save 20 pounds or more, depending on which systems. If your stock pipes are in good condition, with no damage or rust, they can bring a good price from those interested in restorations.