Just recently acquired this beauty and plan on restoring it to showroom condition. It is a MKIII which has the electric starter. It starts up and rides fine. The previous owner replaced the dual Amals with a single Mikuni VM34, and fitted a Boyer electronic ignition. The only part that has been restored is the tank. It has been boiled out and repainted. First plan of attack is to change all the fluids, clean out the oil tank, and fit the proper mufflers. After I put some miles on the bike, I'll switch the single Mikuni to dual PWK flatslides from jsmotorsport.com
After a quick wash/polish:

Quick video of the bike running:
http://rides.webshots.com/video/3046175040089932451fzAFtM
After a quick wash/polish:
Quick video of the bike running:
http://rides.webshots.com/video/3046175040089932451fzAFtM