Thanks for all the insight gentleman. I know I have to remove the motor and open it up, I guess I will see what need replacing then. Anyone have any luck in resurfacing valves and seats? I would imagine the seats can be reground, but how about the valves? As far as I know they are not exotic metal and should clean up as any other valve would - providing of course that the stems are not worn, but who knows. Just what I do not need at the moment is another money pit, I seem to be able to spend everything I make without another project, I do not need additional help right now.
In another thought, anyone have any good way to remove the motor besides with a hoist, which I do not have? I was thinking putting a jack under the motor, removing all the bolts and the strapping two 2x4s to the motor and having a person on each side of the motorcycle grab the two ends of the 2x4s and try to tilt and lift the motor out of the frame. Sound like a plan or am I being sucked into trouble?
Thanks,
Jordon