Hi, I'm Paul. I just bought an '87 VFR700, kinda clapped out but the engine is strong at 48k miles and not a drop of oil coming from the engine, nor any smoke. Trying to make it halfway decent again. It will never be a beauty queen. Its main virtue was that it didn't cost much. I've had these bikes: Some little Yam or Kawasaki with a sheet metal frame, back in '68 '68 Norton N15 ($1285 new!) '71 Norton Commando (25 years) 73 or so Triumph/BSA hybrid, don't remember the model '99 Kawasaki 250 Ninja 2000 Guzzi Quota ...also a little Honda 70 for my boy.
Welcome aboard. A friend of mine just bought a 1974 (??) Commando with like 4800 original miles on it. Neat bike.