OK, here is the follow up.
As stated, I initially thought the rear bearings were loose. I didnt suspect the front. I ordered the spacer kit and a few seals, and I did the bearing adjustment last night. Not what I expected.
The front wheel needed .10 mm tighter. The rear needed .15 mm looser. The rear was pretty tight and Im glad I have only done about 150 miles since they were installed. It was suprising. Also, while going through everything I found that one of the shocks was not set the same as its opposite. One full soft, one full firm. That must have been left over from the restoration rebuild.
The lesson learned: New bearings=new bearing adjustment.
Here is how I adjusted mine. It may not be the perfectionist way, but I know what a tight or loose bearing feels like.
The bearing adjustment kit is a rather ingenious kit. Instead of having a "wedding ring" of every size, the kit includes a small and medium size ring and ten 0.05 mm shim rings. Enough to make every needed size.
The adjustment takes several trial and error tests to get the setting right.
I did my front wheel first.
-Take off the front brake caliper(s) and secure them out of the way with zip ties.
-Remove the wheel and remove the left seal. The wedding ring should be under the bearing under the left seal. I had spare seals available, but I used a automotive seal remover and my seals both came out with out any damage what so ever. Since they had less that 200 miles on them I chose to reuse them.
-Re-install wheel and torque to spec. For my '83 I used 32 ft.lbs
-Spin wheel and see how it feels. Rock back and forth and see if any looseness is present. I could feel a slight knock on mine.
-Remove wheel again. I needed to tighten my bearing, so that means a thinner wedding ring.
-Remove wedding ring and measure thickness with a micrometer. Mine was at 6.65 mm. As a starting guess, I decided to try 6.45 mm using the bearing adjustment kit.
-Re-install wheel and give it a spin. If its too tight, try a setting between current and where you started. Too loose still, take off another .10 mm (two shims).
-Re-install and repeat until you have the tightness right.
-NOTE: when it gets too tight it will be apparent. From that point go one size thicker. and check again. As you change sizes to the tighter side, check for over tightening of the bearing as you torque the nut down.
-Since I still had one more wheel to go and only one adjustment kit, I took the correct spacer size, measured it, and then took the old wedding ring and used a file to carefully reduce its thickness to the required thickness.
-Re-install with re-sized spacer and recheck tightness.
-When your sure its right, re-install seals and reassemble front end.
For the rear wheel:
You cant check the bearing of the rear wheel when its on the bike. Too much drag with the rear drive. You need to make a spacer for the drive side. Pretty easy and it cost me about $6.
I bought 3/4" galvanized electric conduit and a 3/4" washer. Cut the conduit to 3.25". When testing off the bike, assemble the axle, and on the drive side of the wheel, put on the hat, 3/4" washer, conduit spacer, and washer and axle nut. Tighten to spec. I cut the conduit with a tube cutter, like for copper pipe. That way you get a nice flat cut. Seemed to work pretty well. Just make sure your spacer is pushing against the "hat" and not reaching over the hat to the seal/bearing area.
The spacer tube needs to be a min of 17 mm to go over the axle, and a max of 22 mm to stay on the hat (or use a washer like I did).
-Remove the seals as before.
-I used the same "feel" test as the front wheel, initially using the existing wedding ring as a starting point.
-From there, the trial and error adjustment is the same as the front.