Walker, congratulations on the course graduation, and the bike purchases! I graduated the BRC back around 1981 -- still use what they taught me today... Has saved my life countless times.
Be sure to download the Factory Service Manual from the home page of this site -- it's free! The Clymer manual is also very good. You can probably get a used copy, in decent condition, for <$20 from Amazon.
I ran
SeaFoam through my engine twice. First time, I added it to the crankcase, ran it on idle on the center stand, shifting through all five gears (idling!), for five minutes (oil reached 180 F, minimum operating temperature for detergent oils, installed an oil temp gauge), then I shut it down: oil went from a dark caramel color, to coal black! Changed oil and filter. After 5,000 miles, I treated it again: oil never changed color, even after 300 miles -- changed oil and filter to be safe.
My 750 was a '79. Back then, the API oil standard was SG or SH -- current API standard is SN! No comparing SH oil to SN... The carbon sludge and varnish which
SeaFoam dissolved within my engine and transmission, was left behind from the older oils, when my bike was young (I bought it in 2006, with 9,600 miles on it...). The modern, SL - SN oils will not leave carbon or varnish behind, unless you run them past 7,000 miles. I'd suggest running
SeaFoam through the engine/transmission once, then use modern oils which do not contain friction modifiers/energy conserving additives (check the API circle on the bottle).
Shell Rotella T6 Synthetic is diesel CJ-4, as well as API SM for cars, has no friction modifiers, and it is around $22 per gallon, at Wal-Mart. Great quality, inexpensive oil to use in a bike (5W-40, so easy flowing when cold starting, but thickens up to spec when warm).
Be sure to change out the brake fluid, as well, to make sure your brakes will function without issue. Only use the specified type! Check the date on the tires: if more than three years old, get new skins. Pirelli MT66 Route tires will glue you to the road in rain, but your mileage on the rear tire will likely be around 12,000-15,000 only. Worth the cost for the wet traction, for me (rode two up, 98% of the time, touring on that bike). I run the same Pirelli's on my heavy touring bike: got only 9,000 miles out of the rear tire, but I won't complain, as that bike is also glued to the road in rain, and that is worth the cost, to us. YMMV. Cheers!
1979 CB750K (sold, 2012, but not forgotten)
1983 Kawasaki 440 LTD Belt Drive (sold, 2011)
1993 Kawasaki Voyager XII