Ok, so progress report on this is the bike is now back on the road.
I mentioned on another thread I think that the new valves went in with the shims that came with the bike new. So all the 186, 182 etc original shims. Pretty impressive manufacturing tolerances from Yamaha and pretty much confirms no wear on the valve seats.
Other than that I painted the barrels and the head as they were looking a bit worse for wear.
Went back together pretty much without issue except for me damaging the wires for the stator but got that sorted and have been running it in pretty hard. Did my first oil change after about 150km and the oil was murky with metal dust from the bed in. 2nd lot os oil has been in there now for about 70km and is staying much cleaner, will change it again at 500km.
Load of compression and running beautifully
When I was putting it back together I notice my neutral switch has 3 wires comming out of it but only one is used, for the neutral light. The other 2 work for 4th and 5th so I decided to make use of them and added a yellow and blue LED, which come on for 4th and 5th respectively. A bit pointless but just felt like fettling.