Haha...it's dragging becasue now you are into the little details!
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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