So I got the bike registered, the rain has stopped in Sydney and finally got to take it out for a decent ride.
The brakes aren't quite as bad as I first thought. I did a few hard stops and it pulls up reasonably well but with a lot of lever pressure required. I've ordered new pads anyway, hopefully fresh ones will give it a bit more bite.
The throttle needs some work. It's fairly stiff when rolling it on, and when the bike warms up it doesn't want to return to idle. The grip snaps back ok, but the idle stays high. So I guess either the cable is getting hung up somewhere when it heats up, or the carbies themselves are not returning to closed.
How stiff should the throttle feel when rolling it on? And I gather that there is some sort of cam that increases the cable pull ratio at a certain point. I can feel an abrupt transition where the throttle gets harder to open but also increases the rate of opening...
Clutch is pretty stiff, which I think is a combination of being spoilt by a brand new Ducati wet clutch, a crappy old cable and input shaft splines that need lubing.
On the positive side, the engine feels healthy, starts first time with no choke and has plenty of torque.
I'll do some more fiddling on the weekend.