LOVE the XS triples!
Here's some goodies for you:
Carbs and headers from a Hinkley Triumph triple will fit with minimal work. 750/900cc Daytona, Sprint etc....
The carbs are a bolt on, the spacing is so close that it's a matter or tolerance more than measurment and they are mile beyond what the OE carbs on the Yam will ever be. Cheap way to get good performance carbs, even if they are vac carbs, the boys at Triumph did a good job. Throttle response is quite on par with the VM series. To use a Triumph header it's nothing more than having your spigots welded to the header. The cradle spacing in more or less perfect too so the pipes aren't going to droop low under the belly.
That motor responds to port work VERY well.....like 10 basically free hp and 10-12ftlb.
Swap to the OE electronic ignition, it's every bit as good as any aftermerket piece and you can get all the parts off ebay for $35-45. I've used Delta Cams HP grind in my 850 and it really wakes up this lump, they weld and regrind based on your cam...last time I talked with Johnny (Rocket) I believe it was something like $65 a cam.....cheap cheap power and they hold up well. Swap to a 79+ oil block and run an external oil cooler...your engine will thank you. Without they run a bit warm in my opinion.
The flywheel is pretty chubby, you can lighten it probably 25% before you see any idle issues and I've run one (total loss) without a flywheel at all and it worked fine.
Get a Barnett clutch and spring set, you'll be happy and your bike won't chatter if you're flogging it hard. Changing the pumpkin to one from an XS1100 will net you wheelies all day long (taller gears) and you'll still be able to do 110+ in stock form.
what else.......
if it pops out of 2nd gear don't panic, it's a 20minute fix that shouldn't cost you more than $15, look up 2nd gear+shim for more on that.
Give those forks to someone who doesn't ride hard...they are damped ok but really REALLY flexible. I picked up a set from a BMW K75 (40mm Showas), same forks on the early 90's GSXR and a couple Yamahas. Good stuff and can be had for under $100 in good shape.
Hope this is of some help....have fun adn great choice!