I have also done the Mach III and Mach IV route, but I like the Honda much better.
You could always add one these weedwacker things - I am simply amazed what it does to a simple 2 valve engine with a de-tuned cam have less duration and lower valve lift, as-cast ports, 7.8:1 compression, and only 738cc. 2,000~4,000 rpm is like your stock CB500 Four. At 5,000 + rpm it was the 2nd fastest bike Cycle World had ever tested in 1984, losing to the GS1100E only by .02 seconds and the pilot stated clearly that he could not master the launches because the boost was too much for the stock tire.
I have a bunch of bikes and my CB750 will likely be one of my all-time favorites. Built right, it can be riden at any rpm between 2,000 and 10,000 - whether that's a fun ride 2-up on a Sunday or out blazing the mountain roads with go-fast friends. My K-triples never handled the causual stuff very well.
Gordon