Pits in the 750 cams are REAL common, and cause no harm in most cases. Look to see if it was worn a groove (entering and leaving the pit), which could potentially start to "stripe" the rocker: other than that, they cause no troubles. My 750 went more than 90k miles with 2 pitted cams (#2 intake and #3 exhaust) and at 140k miles they had no grown, nor showed any marks on the rockers - which I re-used, along with a newer K4 cam, in the 2013 rebuild.
In the 500/550, I have seen more often that the pit turned into a ridge or groove, even in the rocker, and then it settled down, just losing a little bit of lift that way. This seems to occur more in this bike (by the numbers I have seen, anyway) than in the 750.