Replacing pads doesn't necessarily require bleeding of the hydraulics. You may have a a problem with the master cylinder or the caliper piston however. Some pics of the caliper as mounted and of the master cylinder may help determine what is going on.
When bleeding the caliper at the bleeder...
Erratic, or surging, idle is often a sign of the carb throttle plates not in synchronization. It will also show if the bike is rev'd to ~3500rpm and when the throttle is released, the rpm does not fall right back down to idle rpm (1000rpm) but will hang and return slowly.
If you richened the...
So an oil leak in that area could be the tach drive seal or the valve cover gasket. The oil will travel during operation, so a way to trace the source is to clean the area and dust with Talcum Powder, then go for a ride. The oil will leave a track in the powder back to the source of the leak...
Nice pipes at a value price: https://delkevic.com/complete-systems/honda/1978-models/cb750k-sohc/
IMO, cutting the headers at the footpeg area did not cause engine damage in itself. It may have caused the fuel air mix to be slightly leaner, but there had to be other things going on for damage...
When working on old bikes, one never knows with any job.....I suspect an hour if everything goes right and no shims need replaced - add a half hour for the first shim and 15min for each successive one and factor in things that are stuck that shouldn't be, things that need cleaned: call it 4 hrs
Can do....just remove the valve cover and follow the manual's procedure. Of course, you'll need the tool to hold the bucket depressed if you need to change shims
One of my suspicions on this symptom would be the accelerator pump, attached to #2 carb, may not be acting right (clogged or bad diaphragm). To test that, you can remove the float bowl and fill it ~ half full of gas (off the bike) and depress the actuating rod; it should shoot a spray of fuel at...
If you must run pods, you will need to increase the Slow Jet size (perhaps 2-3 sizes: 40,42) http://www.nichecycle.com/ncs/categories/carburetor/keihin-jetting/keihin-pilot-jets/n424-26-series-pilot-jet.html
The CV carbs will be fine so long as the pod filter flange ID does not block the air...