I am at my wits end with this bike. I have a 1974 cb550 and i was trying to tune it up today. Well i got through the tappet adjustments and moved on to points gap and timing. Well when the bike started up it sounded less noisy which is good. So i couldnt get the strobe light timed with the f mark when using the kick start or turning the crankcase by hand, So i was trying to get the marks lined up while it was idling. Well long story short i was having s*** for luck and couldnt figure it out. I read like 3 post trying to but I was clueless. Then i was pulling the wire off spark plug four and the wire just completely came off like in the pics below, because the wire got so hot or something. What did i do to this thing? I have decided I am either breaking down and taking to a guy who works on bikes this old or I am either going to sell it as is, depending on the cost of repairs. Also, the bike was smoking while i was trying to set the timing. Can someone please tell me what happened, how much I might be looking at for repairs, or should i just sell it and if so how much you think its worth?