Well, now that I've had a chance to actually see that Black Magic running, I've been able to get a better evaluation of the bike. I took it for a ride once I felt it was road-worthy. Before I left the house, I did notice that the chain was a little tight, but it would have to do for the first ride out.
Surprisingly, the bike rode quite nicely. The bike idled smoothly, throttle response was crisp and the engine mustered up power with no flat spots- I will credit my efforts in re-jetting the carbs. The hand controls felt pretty tight and responsive, but the shifting was a little soft and spongy. I would guess that the shift spring is getting a bit tired. But the clutch felt springy and tight. Someone also did a pretty nice job keeping the clutch adjusted properly. The brakes all seemed to stop quite strongly.
Okay, now the things that need attention. The blinkers don't work properly (something tells me that it's my fault). The turn signals are always in hazard mode, but there is no hazard mode on this year. The front brakes don't activate the brake light. The seat support bar on the subframe is missing, so the saddle moves around a bit. The kickstand angle has changed, so the bike is way leaned over when parked. I'm not too crazy about the way the Trail Tech Vapor is mounted- it's on a ball-joint mount attached to the top of the headlight housing, plus it's not even centered!
Most of those issues can be corrected easily. Already I've purchased another subframe and headlight mounts off of Craigslist. Each cost me $20 and $25 respectively. I think I can fabricate another Vapor mount from a thick sheet of aluminum. The kickstand- I just have to pull off and pound back into shape. The blinkers will be a little tougher to figure out. I've already downloaded the wiring diagram, so I just have to figure out where the left and right signals could've made contact (easier said than done). Then there's all the body work that needs work.