thirdbike... unfortunately, no, i did not drain the oil from the sump because i could not get the drain plug to turn (i dont have whitworth wrenches or sockets, and apparently neither did the po b/c the corners are rounded off and i could not get a socket to hold on... i even tried a 6 sided socket but to no avail)...
also, there is some smoking from the exhaust, esp. on startup, but its really not too bad after it warms up, as long as the bike is upright. if running on the sidestand, it will start to smoke. also, it puffs a little if i goose the throttle a bit.
i wish i had a compression testor... but i dont. i will try and borrow one this week and check the compression.
i will have to form the habit of turning my fuel taps when i shut down, i HAVE left them open before!

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also, any suggestions on stopping/minimizing the damage to bearings, plastic/rubber stator parts, etc. any special products i can run through the system to revitalize those parts.
it looks like a may have to go ahead and start some tasks i was hoping to put off till the weather got cold, ie. checking/cleaning the carbs. im sure its covered in other posts, but any advice on servicing/rebuilding the square body mkII carbs.
thanks