I adjusted the timing, the top points gap was not opening enough and I had to adjust the contact breaker back a bit so that the points open and close at the right time. I took the bike for a quick spin and the engine seems quieter and no more red hot pipe. The smokey engine seems to be from some oil leaking out of the rocker cover and vaporizing on the heated engine. I saw no smoke coming from the head gasket which is a relief. The plugs have a lot of carbon build up for such a short ride. Looks like it's running too rich. Next step will be to adjust the mixture and make sure all the seals are oil tight. I think I'm getting close!
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