Haha...it's dragging becasue now you are into the little details!
First time I've seen this thread.....Welcome and THANKS for sharing!
Looks like the motor must have been solid...you jsut cleaned her up and painted...that's always a money saver (no rebuild).
Probably too late, but I vote for matching red on the tank, and front fender..(IMHO, get rid of the front fender).
Cool stuff! Are you keeping this, or selling it to fund another project?
~Joe