Thanks for all your replies. I essentially need to make sure I use exhaust gaskets when reassembling! Its strange, I rode this bike in the parking of my shop immediately after purchasing it, before ripping it down, and heard no exhaust leak. Sure, the bike ran poorly, been sitting, timing way off, carbs needing soaked, valves adjusted, etc. Thanks for all your help, I also just downloaded the srvc manual made available on this site, looks much more hrlpful then my Clymer!