Yes I know this, and that is really not a big deal... by your logic anything is overkill on a 550...
Also, saying a member was profiting off me for selling a hard to find exhaust system for a fair price (I even posted a 'parts wanted' ad which is how we got in touch) is a #$%*ty thing to say. Towards me and the person who offered to sell me the exhaust.
And again, this bike is not perfect or even close to it. It's a $1,500 bike, settle down.
anyway..
I got my bike moved into a garage so I can start building, tearing down and welding
Atta Boy! You bought it, you've got a plan, now stick to it and execute it. It is true, that you're starting with a very nice "survivor" but that also means you won't have a bunch rot, stuck crap to deal with. And, you can sell the stock parts off to help fund your bike. I'm torn about your bike and its condition, but I do see the benefit of converting a quality stock bike too.
Me, I tend to locate trashed bikes because I'm going to hack them to bits anyway and in the condition I start with, they're not worth restoring. But rock on, SER! Knowing GV, the 2 of you probably made a worthwhile deal for you both. Universal Karma in tact, and the Force is happy.