Hello again!
Having had a whole evening and an afternoon to look this thing over I have a situation report for you all. The frame is in good shape, almost no rust.
The headers/muffler are a little rusty, no biggie, they're getting powder coated anyway.
As far as the engine goes, the clutch and gearbox are intact and still attatched to the block. The upper part of the engine is thoroughly disassembled. The Cylinder Block was honed at a local machinist, it's now pristine. The pistons look good, a bit of carbon built up on the tops, otherwise pretty clean. The valves, valve springs, and other valve-related bits are organized in a little tackle-box type case and have small amounts of gunk. The starter motor, oil pump, oil filter/cooler, alternator, and left side cover have been removed and are accounted for. To recap, the left side and top end of the engine are quite disassembled, and the right side is intact.
The rear end of the bike is also taken apart, tire, suspension, swingarm, etc. The electrical system is good, all the proper wires run to all the proper places and lights, fuses seem to all be accounted for, but I'm not too worried about fuses. No battery, but again, not worried (i'll happily kick start it if/when we get to that point). Footpegs, kickstart arm, foot controls, axles engine mounting bolts, etc. are in a cardboard box.
Aside from that there are a few bags of nuts, bolts, washers, etc. that were on the PO's workbench that we threw into a couple ziplocs for the road. Today I began cleaning, bagging, labeling and indexing the piles of parts.
what I'm worried about is stuff that may have gotten into the engine with the crankshaft and stuff, how can I clean that out? Also, i know I will need to replace a lot of gaskets, seals, and O-rings. Can anyone recommend a good source for these? No title, but i'm looking into what it would take to get one in Oregon. Any Oregon-specific info would be great!
Thanks, everyone. I will post some pictures of my new pile super fun headache project tomorrow.