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In the past couple of weeks I've fixed the oil and fuel leaks, replaced the head gasket, set the mixture screws and balanced the carbs.
When I first ran it there was a distinct cam chain noise and not much chain slack, with the top end off I rocked the crank back and forth while pulling on the cam chain, front guide removed. It suddenly gave me extra links worth of slack
. I think the chain had a static 'bubble' of slack hanging beneath the crank sprocket. As the crank rotated, the chain jumped a position. But the guides held the chain on the sprocket so the slack remained under the crank and maintained the timing relationship between crank and cams. It never turned into chain jumping teeth, throwing the timing out and trashing the valves. Reassembled the cam noise is gone. So the oil leak was serendipitous.

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