You'll be fine mate, if anything, the K8's output shaft should be slightly longer, so you won't have any case clearance problems with a 530 "O" ring chain, and the 18T front sprocket was honda's "first response" solution to chain breakage way back when they upped it from 17T.
You've now got the standard 18/48 gearing, ala the earlier K's, so you should have a slight drop in engine revs at highway speed, combined with a slight decrease in fuel consumption without sacrificing accelleration terribly. Good choice mate, I'm gonna do the same on my F2 when I rebuild it. (dammit!)
Hondaman's point re: non O ring chains is quite valid too, (IMLTHO) people tend to treat O ring chains like they're not there, and wonder why they crap out after only a couple of years of abuse. I prefer to buy chain from a local industrial chain supplier, he only sells quality Japanese non O ring chain in 10 foot lengths, and I have no issue with occasionally oiling my chain. Cheers, Terry.
