Took the bike to my local Indy this morning. Chief mechanic says don't touch at any price. He knew the bike and showed me where the frame had been cut and rewelded in the past for reasons unknown. He also said that the transmission starts making a lot of noise after it gets hot. As well, he showed me with a magnet that the tank and side covers had a lot of Bondo on them which was hidden by a few coats of beautiful Carolina Blue paint.
So, it's a NO GO.