Thanks 83XLX and Alex jb- I guess that's the info I was looking for. So swapping rings and giving the valves a little TLC is one thing, but dealing with an internally rusted motor would be a waste of time. I'll see if he can squirt some pblaster in the plug holes for me tonight.
INTERESTINGLY enough, I literally found the exact same bike/year/color for $1000 locally...runs great looks fully restored by a hobbiest. So yeah, $500 is a little on the heavy side especially if the motor is dead.
Maybe I will end up having to hold out for something with a touch more power. I'll update the thread once I check the thing out.
Edit: what a bummer
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