Set your points gap. I've used a points file to knock off the high spots and points love me long time

Pull the plugs, insert them into the high tension leads and prop them on the head so the plugs spark normally.
Set a radio next to the bike and tune between stations on the AM band. Turn the volume up some.
Turn on the ignition and rotate the crankshaft(clockwise) till the plugs fire. It'll turn easy cuz the plugs are out. You'll hear the pop on the radio. STOP TURNING IMMEDIATELY!
Look at the marks. Chances are you'll see 2-3 so turn it more till it fires and you see 1-4. Since you stopped immediately you are looking at the exact setting which your timing is at. Adjust accordingly. Check again. Then do 2-3.
As long as your spark advance is working correctly your bike is now timed.
I used this for 20+ years on a Honda K model in which the points setup was identical to that on my GS1000. It just replaces the continuity meter with something you've likely got sitting right there already.



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