Retro rocket,754 & Hondaman, I like all of your ideas. So Hondaman do you have instructions and parts to do your suggested idea? Are there any downside to making a "wet sump" out of the 750? Also 754, do you have a photo of the coils mounted under the carb? Retro Rocket, what is the minimum size of an oil tank using your suggestion?
If you go wet-sump (or partially wet-sump), I'd recommend an oil cooler, like a Lockhart (not the silly cooler plate of the F2/3 engines). It holds and extra 0.4 quart, to help keep the oil volume up. You need 0.6 quart for the engine itself (and all the nooks and crannies it will fill) and at least 3 quarts of "moving" oil in the system. The oil filter holds about 0.3 quart, so between a Lockhart-like cooler and the filter housing, there's almost 1 quart? Then, if you can squeeze maybe 2.2 to 2.5 quarts into that cool-loooking rear fender, there could be a great idea!
Keep in mind: it needs to vent somewhere/somehow. The early bikes used a radiator-cap-like pressure relief spring-and-ball-detent gadget in the oil cap on the tank, and a road draft tube (2, actually, one went back into the oil tank from the back of the engine) while the post-1974 models used an oil separator-breather device, located under the battery (yours originally had one of these), with a "dry" draft tube to the pavement. The oil will expand about 10% in volume overall at 200 degrees, what with the 8000 RPM crank and gears whizzing through it, so it can get frothy: expansion needs to be considered for this reason.