TL/DR: I'm gong to spend the winter restoring a 750 K6 instead of my original plan of a K8.
Earlier this year I picked up a K8 for cheap. It was a basket case and has likely been outside for a decade or two. Engine wasn't locked up, so I figured "why not". So, it found its way into my shed and there it sat. With winter now here, I started to assess what was needed and it's looking more like either A) a serious cash/time outlay to get it done before spring, or B) multi-year project.
Being the impatient sort and wanting to be riding a 750 in the spring (I've got a CB400 twin), it was a stroke of "luck" when my brother sent me a FB listing for a '75. ("luck" is in quotes because of stuff I've since discovered...)
Met up with my brother and we drove out to see the bike. The gent had it running (which I'm not keen on) so we didn't have a chance to see how much of a chore it was to get going (no surprise, it don't start very well). Being a balmy 28F on the coast, (I'm in Maine, the seller was within view of the ocean) we still took it for a test drive. It shifted clean, throttle response was decent enough, a bit of backfiring on decel and at idle.
The good:
The frame is in very good shape. No rust to speak of
The engine (externally) is also in pretty good shape, no major road rash. There is some oil seepage to attend to
New tires (yay?), seat and electrical are in very solid condition. Externally, the bike is very solid (to my eye)
The tank inside is in pretty good condition. There is some rust in the bottom, but not an insane amount. Should clean up decently.
The bad:
Gauges are wrong, I think they're off a K2-K3. Thus, mileage of 5.6k is worthless info. I've already got some eBay OEM (used) gauges on order
Front fender is incorrect, it should have two brace/stays.
Rattle can paint job and cracked side covers
Engine compression is in the toilet. So bad, that I thought my compression tester was broken. It's not... 75-110 psi across the board.
It's my fault. I brought the damn tester with me, but the bike was running and pulled nicely, I let my emotion overcome reason and failed to do due diligence.
Now, onto a leak down test to determine what needs to be replaced. I'm pulling the top end apart anyway to address the oil seepage and cam tensioner rubbers, so if I need to dump a few hundred bucks into parts, well, that's just the way it is I guess.
I know (now) that I paid too much ($1.6k) for it, live and learn I suppose
My plans for it are to bring it back to (as close as possible) original look. That includes a paint job, any polishing needed, correct gauges. A couple exceptions would likely be a 4-1 exhaust and a short sissy bar/luggage rack for traveler comfort and storage (I'd like to find a period correct piece for that)