Cam cover off. Everything was very nice. The cam was actaully usable. The breather bore was very nice and did not have any scoring in it.
The exhaust valves still had the original caps on them . My dad's first 53 panhead had these on it. The exhaust valves had little caps on them so that the valve could spin 360 degrees. The thought behind this was to allow the guide to wear evenly and last longer.