Finally got my '72 CL175 back under its own power last night. New standard pistons and rings (carefully assembled with attention to ring direction, clocking, cylinder lube, etc.) in bores honed with 320 grit (IIRC) stones after being mic'd up to .0002" under max. tolerance. All new top-end gaskets and valves lapped in by yours truly - didn't touch the cam or any bearings because it ran fine with even 130 PSI compression before the head gasket blew. Break-in oil is Honda brand 10w30 SL, fuel is 89 octane ethanol free, carbs. were in pretty darn good tune before the HG went so I didn't touch them.
After getting it to fire (4th kick
) and making sure it had oil to the top end (ran maybe a minute, gently/repeatedly revving up to 5 or 6,000 RPM most of the time) and sitting for about 10 minutes, the first drive was about 8 miles of hilly backroads, stopping once, and constantly varying load up to about 8,000 RPM several times (9K once, I think) with a few good hearty pulls. A friend was driving behind me and in his headlights I could see consistent, moderate oil smoke out the pipe that he said got better after I laid into it good and hard the first time. After shut-down I peeked in the cylinders - just a few vertical scratches but the crosshatching is extremely defined with no visible marks of where the rings stop and head back down. Combustion chambers are squeaky clean and plugs are pretty dark brown with the top half of the ground strap being lighter brown, no signs of fouling-type deposits. Consumed just over 1/2 of whatever full-add is of oil. Rode it about 10 more miles today, not varying speed as aggressively as last night, and it seems to only be running better - idles well at about 1,400, pulls harder than I remembered it doing before, has enough power to pull me (sitting up) along at 9,000 RPM on flat ground (didn't want to push it harder than that) when before it struggled to hold 8 grand under the same conditions. It was daylight but I can still see some oil smoke when I rev it sitting still.
Is the oil smoke expected this early on? What, if anything, should I do differently from this point?
After getting it to fire (4th kick

Is the oil smoke expected this early on? What, if anything, should I do differently from this point?