Well, over the past year both myself and my father in law have found old bikes for cheap, done our own wrenching, and now have great rides that didn't break the bank. Alas, my poor brother in law was jealous, and decided that he wanted one as well.
In the spirit of Christmas, the father in law found an 82 550 LTD, not running, for $250 and drug it home.
Spark? Check.
Compression? Check.
So time to take off the carbs...........filthy! Just as expected.
5 hours later, after a good cleaning, the carbs go back on and..........
VOILA! The bike purrs like a kitten.
A year ago I would have had no idea how to get this thing running, but after all of the help I've received on this forum, it was no big deal.
Thanks everyone - I now get to give my brother in law a REALLY cool Christmas present!