Well lets see. The cam chain can be adjusted both ways. Pick one, it does not matter. One down fall on the static method is that it may make the chain a little too tight. the other method requires the carbs to be synced as if the engine is not idling smoothly, it will bounce around and the chain may not get tight enough.
The tensioner WILL probably be gummed up. Remove the 3 bolts. pull the unit off. CAREFULLY loosen the bolt that holds the rod as that spring is pretty strong. Clean the crud out and it will be good for another 10 years. the gasket will not need to be replaced unless you somehow tear it. I have pulled mine off 3 times and never replaced it once. It does not leak. See the unit does not get an oil bath, it just catches a little now and then and the oil generally drains back to the engine. So unless it rips, you most likely will not have to replace it.
For the choke. Set you idle when the engine is hot. From there, unless you have some reason to, you do not need to set the fast idle. It does nothing except allow you to take your hands off the throttle when cold. I suppose, if you start your bike and then get gloves and stuff on, then it helps. Me, i get ready before even starting the engine.
Regardless, take an afternoon to pullthe carbs off and clean them.
It is easy if you take your time and do a good job. And above all, CLEAN THE IDLE JETS. Lots of people miss them.
you need help with that, let me know. I am pretty good with these carbs.