Getting that tank clean was a heck of a job - turns out I had a major rust and varnish situation so it was a bit of a battle. Not sure how much crap is still in there but flushed as much as I could out with a few alcohol rinses. For my first tank overhaul, I'll take it.
Thanks for the engine advice. I have checked and re-shimmed the valves across all cylinders, but have not checked the clearances on a hot engine, nor run it through a few heat cycles either. The bike is new (to me) and in fact I've never ridden it - it was a non starter when I bought it in November and pushed it home.
So, think I should leave delving into the head for now? If - once I've got the whole bike put back together again and run it through a few cycles - the compression is still low then take the engine out again and then consider removing the head?
I'm ok with that, have a lot to do on the bike as it is and I'm definitely open to advice on any engine work.
Working on cleaning up the engine, the front looks like this -
(and that's after I cleaned up a lot of oil/crap from around the cam chain tensioner bolt). There's oil everywhere, it's a mess. My thinking is that the cam chain tensioner bolt (the hole for which is totally stripped - it sits in the hole rather than threads into it) is a possible cause of this oil spill - the oil could be leaking out of that hole and spraying over the engine front. Could that be it? If so, while the engine is out of the frame, now would be the time to helicoil that little bugger?
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DO THE TON