"check valve clearances while cold and hot all ok."
there isn't a cold and hot valve adjustment
there is only one valve adjustment temp range per the manual pg 3-7, engine cold below 95F. many pros recommend engine temp to be between 80F to 95F and is what I use.
best and easy to use tool for pilot adjustment, Honda 07mma-mt3010b wrench pilot screw.
Yes I always had that weird tick/knock noise, its from the following.
number two plug and number five plug will always provide a different reading than all the others, due to the hot coolant pipes from the heads right under the carbs. yes my number two was the worst.
The number two is even worst due to heat from radiator hitting the carb.
My solution, made small heat shields for the coolant pipes (meant to post pics over 2 yrs ago and just never did).
also for number two, after doing Mr. John Schmidt's fantastic CHOKE LEVER CONVERSION,
https://www.valkyrieforum.com/bbs/index.php/topic,93903.0.htmlthere was room to extend the radiator heat shield to fully protect the carb from the heat. number one carb is fully protected from radiator heat so never a problem. number two is not protected due to heat shield providing the clearance for the choke cable.
after doing those mods the tick and funny idle like a slight miss went away and two and five plug readings now match all the others. also now there is a more steady idle.
Note: when this engine was in the Goldwing the coolant pipes locations didn't matter since the two carbs were centered above the PAIR valves.
"i dont know cam journal that left side of engine has a whine too"
good chance its alternator bearing whine. many over the yrs have suggested pulling it apart around 50k+ miles to clean out internal dust and check the rear bearing. at 52k miles I checked mine and the bearing was just starting to feel rough. I replaced it with a NAPA alternator bearing 6000-2RSJ.