Thoughts on classic-ish Yammie SR500
Hi guys,
I am looking at upgrading from the 250 and I am interested in a couple of bikes, one is a 1978 Yamaha SR500.
I currently ride a 250 Bandit, it is a mint little runner but when I want to have a tinker I usually find myself in over my head with twin cams, 16 valves, 4 carbs, radiator etc. and George the motorcycle doctor gets called in.
The SR seems to me like a great bike to learn basic motorcycle mechanics on, air-cooled big single with kickstart. I like the idea of doing a slight cafe job on it too, maybe clip-ons and foot controls, custom seat. I would like to own a classic-style bike and Japanese reliability and metric fasteners are good. 
Reliability is also a selling point, I may be studying again soon so income could be limited.
It looks like there is lots of documentation (Haynes, workshop manuals) for the SRs and aftermarket parts, which is not true for the Bandit 
The one I am looking at is a '78 with 21,000km on the clock. From the pictures it looks quite tidy but it's in Christchurch so I can't go view myself. What sort of possible issues could I be looking at with a 30 year old SR and what is a reasonable price range?
Any thoughts or advice from SR owners would be greatly appreciated, regarding performance, parts availability, reliability, possible issues with age/wear 
EDIT: It's a mag wheel version, with discs front and rear just to clarify.
Last edited by GSF; 21st September 2012 at 11:18.
Reason: Added extra info
You want some advice - lightning strikes once, it does not strike twice!
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