I'm not sure how this bent valve could have occured as it was not having these symptoms before the valve adjustment which I did correctly to the best of my knowledge. There was slight upper engine noise before adjustment. Do you think it could be caused by something else causing the mixutre to ignite at an innapropriate time while the intake or exhaust valves are open?
As to the last question, no. The valve bends with some mechanical interference. In a wasted spark system, it is normal for the spark plugs to fire between the exhaust and intake stroke. Maybe some valve open overlap at that point. No biggie.
If the valve guides/valve stems get a carbon build up on them, they can't slide smoothly and can hang open. This would allow the piston to come up and smack the valves. Improper cam timing can also cause this.
On the 550, reinstalling the cam cover/cylinder cover improperly can also bend valves. I don't know if the 650 shares this procedural danger. Has the cam cover been off the engine since new?
They don't have to bend much to cause sticking. Some have reported hearing the valves snap shut while turning the engine over slowly by hand.
Back in the 50's and 60's OHV engines using the non-detergent oils available at the time, frequently had valve sticking issues. Over the counter additives were offered to "clean" the valves and loosen them up. I think all the detergent oils already have such an additive since then.
If you have been using the proper oil in this engine, I think carbon on the valve guides is unlikely. But, what of historical treatment/maintenance of this motor?
Anyway,the leakdown test should reveal if you have an issue there.
Good luck!