So I'm putting this bike on hold. The brakes don't fit right because the wheel won't sit straight, I'm going to rebuild the wheels and see if that fixes it. I gave it new plugs, fresh gas, clean oil and it wouldn't run anymore. I think the gas may have gone bad. So I pulled the carbs, broke a rusty throttle cable in the process and a rusty choke cable. Pulled the float bowls off and inspected them but can't see anything blatently wrong. I sprayed some carb cleaner and some air into tiny parts but have yet to reconnect them as I no longer have cables to make them work...
All in all this project is making itself a noble adversary. Since I'm moving in a few weeks I've no money to continue working on it right now. Once I get my new shop set up at the new apartment I'll start it up again. I'm just going to dive into the neo classic cafe racer build instead of trying to make it road worthy and get it titled right now. Maybe I'll put the 74k on the front burner and see if I can't fix the tranny first. Either way I'll probably just start a new thread in the projects section. Thanks to those who've answered questions and tried to help me out with this thing. I'll be back soon with more progress to show. (hopefully)