So, I got the carbs reinstalled and geared up a temporary fuel supply (the tank is a rusty mess and will continue to soak in Evaporust for a while yet).
After a fair bit of cranking and sputtering, it started!
https://www.youtube.com/watch?v=UnO9k4xZjY0What a nice feeling to bring a machine back to life for the first time in 34 years! That feeling is why I do this for a hobby.
Understandably, it ran rough for a while, but got better with every minute. There was lots of exhaust smoke, which doesn’t worry me. The rings would surely be stuck after so many years and they should loosen up fairly quickly. The smoke was almost gone after about 10 minutes of run time.
It now starts instantly with a touch of the button. My dad (who knew a helluva lot about engines) used to say the best engines start instantly. I'm hoping that rings true this time.
After it was warmed up, I did a compression test. Readings for 1 through 4 were 132, 128, 128 and 130 PSI. I think these are good?
The next step is to get it rolling and take it for a test run. I first have to get some brakes. The front MC and caliper are siezed solid and the frankenpipes interfere with the rear brake lever. I'll fabricate a solution for that later and find a creative way to operate the rear brake for now.
If the transmission shakes out ok (I tried the first few gears in the garage and all seems good so far), I think I’ll be confident that I have a worthy project bike and the real restoration will begin...