FOUND THIS ON YAHOO ANSWERS >>>>SAME PROBLEM AS MINE>
My CB650 won't start when at operating temp, even with a fully charged battery.?
I have a 1980 Honda CB650c. My problem is that when the engine is at operating temp, if I shut it down, I cannot get it started. This is after a 15 minute ride or so, various rpms, running flawlessly. (synched carbs sound very smooth.)
In failure mode, on pressing the starter button, the starter cranks very, very slowly, as if on a depleted battery, even when the battery reads 12.5-13v.
The battery is new and delivers 165 measured cranking amps. Voltage dips to 12v then returns to 12.4, signifying a good battery.
New starter solenoid, no trouble with the starter clutch. The starter cranks effortlessly when cold and I have very good startups both when the bike is cold and when the bike has cooled for 20 mins. Still won't start when hot. It *will* bump start, though, and once started, runs fine if a touch roughly. It will eventually smooth out, though.
I've taken out the starter motor itself and cleaned the commutator, replaced the brushes, checked continuity on the commutator and to the field coil in accordance with my Honda service manual, and everything checks out okay.
The charging system checks out alright, too. I generate 13v at 1600 rpms, and 14.6 at 5k (where the regulator keeps it in check) Haven't had the guts to measure without the regulator, haven't felt the need to.
I haven't found a definitive answer yet, though I've seen other 650 owners with this problem, which makes it more maddening.