all that rusty color you found was in fact "RUST" it was caused by either not greasing the splines at every tire change (a nasty habit some Honda dealers have) or not using moly 60 grease. moly grease sheds water and won't wash out In the rain, and cannot be pounded out by the torque in your engine. you will hear folks here advise you to use every kind of grease under the sun, don't buy into all that hype. Honda makes moly 60 for a reason, because it works.
also, I have at least 2 aquaintances on valks that have torn their rear ends out, both running car tires. I am not trying to get that argument started again, but I would advise extra frequent inspections of rear end gear if you are running tires not developed or approved of for motorcycles.
remember KISS
Moly 60 PASTE on the gearbox to wheel splines; 3% moly GREASE on the drive shaft to pinion cup splines; multipurpose grease on the u-joint to transmission output shaft splines, all per the Honda shop manual.