Well, another weekend gone...a bit more progress!
First I started with the tank and the suggested "drown in caustic for days" exercise. Didn't have a large enough tub, so the wheelie bin had to do.
(no idea why the pictures aren't showing the right way round... they are correct in Photoshop and then not here... tried 3 times and still not right - just turn your head...

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Poured two kgs of caustic into it and left it in there for two days... didn't do much though, I guess the water wasn't warm, which should have aided the process, but how do you heat half a wheelie bin for two days. After pulling it out, some paint came off but the main white paint stuck solid - sort of: Was able to chisel the main layers off... now the tank looks like to has the army treatment - camouflaged! Will go for paint stripper again or get it blasted... sick of stuffing around with it. It is the last bit to get ready for painting. Most other parts are now done.
Even the stubborn magnesium clutch lid seems to have worked. Etch primer and painted in the sunshine has done the trick.
While I was painting I also used a sophisticated robot...
Also finished off the fork legs and triple clamp - looking great with clear lacquer on them - after using the scotch brite and degreaser trick they have come up fantastically well.
All engine parts have had a few coats of engine VHT paint (black satin) and they have come up well - just need to be cured in my wife's oven (doh!). I love the removal of the taped off areas after painting... makes it all look new and shiny and professional looking. Also did the exhaust with VHT super high temperature paint...hmmm, feels very rough and takes on finger prints easily, but will see if it lasts once the engine starts up.
And ordered some more parts from boats.net: Mainly bearings and oil seals, but also some other bits like fork boots (splashing out on OEM parts). Should be here within a couple of weeks.
Then all I need is the front mud guard and hand guards (believe both are still available through Yamaha?), a gasket kit and new oversized piston rings, maybe new tires, the tank and headlight cover painted and then the assembly starts - exciting times!
Can't wait for the Easter weekend... 4 days of time, might start assembly earlier....
