So my bike 'smokes' out the pipes a bit, but it can only be seen when it's dark and there's a light shining on it. It's kind of amazing - I really can't see any smoke whatsoever during the day, but in traffic at night it's kind of embarrassing. I'm wondering, since it's not visible in the daylight, what kind of smoke it actually is. Anyway, there's definitely more out the left side than the right. However there's also a broken bolt in the #1 exhaust header with a definite small air leak (potentially the cause of left side backfires?)
Before fixing, the bike leaked a lot of oil. I've replaced a bunch of gaskets and am down to almost no oil drips, with the exception of the (breather cover gasket?) which could be seeping a little oil under the tank. I've put ~300 miles on the bike with quite a bit of spirited riding, so I feel like left over oil should have been burned away. Oh - actually these pipes weren't originally on the bike so they shouldn't have had much in them to burn away.
The second part of the question is about a tapping noise I hear after the bike is warm, coming from the general area of #4 intake cam cover. It sounds like a steady light tap with a hammer on the inside of the chrome cover. The valve clearances have been checked/adjusted and the carbs were synced, albeit running on 2 cylinders and needing a re-sync. I don't know if this is related to the (cam chain tensioner?) but I did replace the usual maintenance items on that thing when we shimmed the valves.
My real question here is, what is the urgency of addressing either or both of these - can it wait days or months? I can't say how many miles are on the bike because it's got a different gauge, and has apparently been in a wreck with probably a decent amount of replacement parts. I'd say it's generally in good shape - the seat, frame, wheels, etc all look pretty decent, but it's hard to know what's original and what's hiding under aftermarket paint.
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