Yep, pretty common issue with C-14's: valve cover leaks and exhaust cam sensor O-ring leaks. The O- ring can be replaced with a slightly larger one, a guy here named Rich (goes by the handle Man of Blues) figured that out. He will probably chime in here to let you know how to go about getting one.
The valve cover takes a little more work to get fitted better than OEM. There are quite a few threads about it but I have had good success using a bead of RTV sealant under the seal in the valve cover before it is installed, and let it set up a bit before tightening the valve cover bolts.
As to the valve adjust, all kinds of opinions on that: I went 25K before my first one and one valve was very slightly tight but I left it. Next check at 50K showed all in spec. Bike now holding at 99K. Or you can go by the manual, which will have you adjusting them in 15K mile increments. Your choice.
It will be much less expensive to get the valves adjusted at the same time the valve cover is fixed because the valve cover needs to be removed to get at the valves (even to check the lash). So a lot of labor can be combined.
As far as the smoke, that is just oil seepage burning off the headers and other than being a little 'off- putting' is nothing to worry about. Most of us never even had to add any oil between changes. It really is not a leak, merely a small seepage but because it is on the header, it does make smoke.
Brian
I purchased a 2009 C14 with 3,800 miles in June 2016. I think the bike got it's original miles "normally" and then it sat untouched for 6 years. I knew there would be issues associated with it's extended storage. In December 2017 I had 13,000 trouble free miles, but had not ridden the bike for about 5 weeks. I decided to go on a 3,000 mile plus trip, and while prepping the bike, I started it to move it. Smoke came out of the cowling. The bike appears to have a valve cover leak. The next time I started it it smoked 1/2 as bad and when I left for the trip, I could only smell it. Logged 3,400 trouble-free and smokeless miles, but... Bike now has 16,800. What do y'all recommend I request the dealership do?
1. Just change the valve cover
2. 1 plus check the valves
3. 2 plus change the spark plugs
4. 3 plus...??
Is there anything else on my "barn find" that should be changed or inspected while we're opening her up.
I changed the oil, air filter, and shaft fluids myself when I bought it. I did have to add coolant before the recent trip and it's level remains unchanged.
