That's the original rod. It was in all CB500s and in CB450s too. I don't know why mine still lives. I must have done something wrong, I guess
. Even in my 19
76 CB500K2 (ED) it's the same part, so if anything had been wrong with it, Honda would have modified it. Clutchplates of a CB450 can be used. They could be in mine. In 1985 I was on vacation in South East Asia and bought a set in Singapore as they were cheaper there. I didn't ask for CB450 plates specifically, but back home found out they
maybe are. maybe because the partnumber 22201-KY2-000 seemed a bit strange. Actually it has to do with the grooves. Those with straight grooves were better than the ones with slanted grooves. But I wouldn't worry about your plates; with your mileage they must still be new. I'd start with performing the right adjustment procedure as described here:
1 - Screw in the adjuster screw on the hand lever as far as possible.
2 - Screw in the case adjustment screw on the cable as far as possible (where the cable enters the side cover).
3 - Loosen the lock screw on the left side cover
4 - With a large flat blade or coin, tighten the slotted adjuster clutch as far as it will go. Then, back it off about an 1/8 of an inch
5 - Tighten the lock screw
6 - Screw out the case adjustment screw to take up slack
7 - If needed, screw out the hand lever adjuster to take up extra slack. Make sure to leave about 1/4 inch of free play in the lever
8 - Set the lock screw on the hand lever
9 - Set the lock nut on the case adjuster
Tip: When on the stand it's hard or impossible to shift, moving the rear wheel by hand a bit, can help.