Got it home! Pictures tomorrow....
It started up pretty well, firing on all 4 cylinders. A few initial observations:
a) it has a weepy head gasket, some oil on the fin next to the exhaust clamp on cylinder 1 which dripped onto the header, smoking a bit when we first got it fired up... Is it possible it will tighten up? Or am I being too optomistic?
b) nice and quiet... and smooth. Looks to me like a MAC exhaust system.
c) all lights work but the signals light but don't flash... a new flasher is in order?
d) smoked a bit, smartened up a great deal as it warmed up, but that may have been the old gas before my fresh gas got through... time will tell.
e) wouldn't idle too well without a lot of choke. A good carb cleaning is on the agenda to ensure the idle passages are clear.
f) he threw in a motorcycle battery/maintenance charger and a nearly full jug of fork oil... he had replaced the seals not too long ago.
g) might need brake pads and front caliper attention... it took a few seconds to loosen as we rolled it towards my truck.
h) the SHOEI helmet is my size, but the Bristol chaps and jacket are not... like new though. 
i) the Vetter III is nice and has lowers, but he never installed it as he couldn't find the proper mount. Anyone have a proper mount to trade for a Kawasaki mount?
j) one of my Lester rims will fit on the back, but my front is for a 6 bolt set up. Anyone want to trade my 6 bolt Lester for a 5 bolt? Alternatively I've been told a certain year GL100 front end will bolt right in, is stronger and lighter but I'm not exactly sure which year I need. Would be simpler just to trade rims. The original comstar wheels are perfect on this bike, and actually not as ugly as I thought they'd be. Hmmmmmmmm.
   
All in all a definite keeper.
I'll post some photos tomorrow, particularly of the luggage rack for the fellow who is trying to fit his. I can see why he is perplexed, it is a bit complex.
When will it be spring?