I feel your pain man. I've done what you're contemplating. I don't have any pictures now, but tomorrow I will post some for you so you can see the before and after results.
If you do still have the engine in tact I recommend spraying it down in spray nine and scrubbing with a brush, whether a stiff bristle brush or toothbrush. Ya I know, sounds like a ton of work, and it is, but trust me, it's much better to do this when the engine is still in one piece.
If you use a pressure washer, just don't put it really close to where any bolt holes or gasket surfaces are. If you have any oil leaks you will end up pushing that crud into your engine cases.
I completely tore my whole engine down, and bead blasted everything. It turned out amazing. Just make sure if you go this route you spend time taping off with duct tape all areas to prevent blasting bearing surfaces etc.
If you need any other advice just let me know... Search for "Akinz' 77 cb550 build" in the project forum here and you can see the quick before and after results. It's definitly worth the time and effort.
Good luck!!