The choice was made last Friday.
I took the
1983 Honda Nighthawk CB650 for $600.

It was in somewhat rough shape, having sat outside for some time. Vines had literally
grown through the spokes of the wheel. A trial of about 2 hours began where we tried desperately to bump start the bike, running it down small hills and through the streets. No dice. I hemmed and hawed quite a bit over the final purchase decision, then finally rounded up 5 people and loaded it onto my rental pickup truck. This bike is around 550lbs with no fluid, so quite a heavy lift.
After getting the initial coat of dust off and doing a little bit of rust cleanup, she was starting to look alright. As you can see though from some of these photos, there was a lot of dust and debris piled up on it...:





OK, so cosmetically it still needed a lot more elbow grease. I went at it religiously with WD-40 and a rag, followed by a rinse, wash and wax. She started to shine pretty nicely after that.

A quick walkaround:
Big difference. It's still not done - there's rust to be brushed off and chrome to be polished, but we're getting there.
Mechanically though it was pretty sound, save for a few major flaws.
Toasted battery. Had to buy a new one. Hilarity ensued when the new battery appeared to also be broken, but I discovered that the charger blew a fuse -
because there was a 3Amp fuse in a charger rated to charge up to 4 amps. Stupid.
In addition, the main fuse was snapped.. but only jiggled out of place once in a while. This was a hard one to find and fix. It snapped clean in two from metal shearing. The fuse on this particular bike was just a thin strip of metal, too, so we didn't have a replacement handy.. but I did have some normal 15¢ fuses kicking around.
Some MacGrubering later, we fashioned a new fuse.

Yes, those are nails in the fusebox. They're not nailed into anything, just used to connect the circuit.
Finally, The speedometer is not working correctly. It reads about 20km/h and then gets stuck. I think the speedo cable is just rusted out or broken, will examine. The plexiglass for the main cluster is also very badly cracked.

All told, I spent about $100 on materials (including new battery) to fix it up. And what we get in the end is a sick, sick ride for about $700. I have to really credit my friend Dave here, he helped with a lot of the troubleshooting and was the manufacturer of the nail-fuse.


Now I just need the folks at DriveTest to stop striking so I can legally drive this bad boy. I did go up and down the dirt roads in Muskoka a few times and man can she rip.