thanks for your advice Glenn, had it not been for this board and the kind people on it, I would have not been able to maintain my bike the way I did for the last 8 or so years.
As far as the recent strip down, everything has been cleaned, tripple checked, assembled, torqued down well and the bike feels fresh. In the end I installed the tensioner spring without its rubber housing, I gathered its only function was to reduce vibrations, and it seems to perform just fine, for now at least.
I lapped the valves, which brought the compression to a nice and even levels - the motor had about 6000 on it - installed a mild Megacycle cam along with KPM heavy duty springs, and I got a noticeable difference in the mid and top range... I went with stailess lines and added a steering dampner, which pretty much took care of whatever little head shake I experienced before, especially when riding hands free javascript:void(0)
overall not a bad looking and performing 30 year old beast... pics coming soon... peace tomasz