Back from the dead.. still working on this thing. Now I have a new engineering degree, a new garage, and more free time to devote to the bike.
Next on the list is rebuilding the braking system. I opened up the rear brake brake reservoir and it was full off what looked like mud. The rebuild kit for the rear master cylinder for a 1976 is rather difficult to find. I ended up purchasing a front master cylinder rebuild kit and it appears to have many of the same components as the rear. If a person was in a pinch, it looks like they could use a front rebuild kit to rebuild a rear. You would have to reuse the old push rod and dust boot though.
It looks like a rebuild kit from a 1979 cb750F has the correct parts for the '76. I'll have to order one to find out.
In the process I found that my rear calipers are frozen solid now. Anyone have a good trick for freeing and removing the pistons from the caliper? They are soaking in some penetrating oil now.
Before Shots:
I'm also debating if I should paint the calipers black, or try to put a polish on them. Might pick up a vibratory bowl and see if I can easily put a nice burnish on them.