Yep. All chains adjusted properly. In fact, I think it's the first time the primary chain has been adjusted since the bike left the factory!
Engine oil is still nice and clean and honey-coloured, with no metal sheen. So I don't think anything is grinding itself to bits inside the engine.
The sound is a regular clang like a little jackhammer inside the engine. It disappears almost completely when the throttle is opened or when it's shut off, so is mostly audible in that no-mans-land when the engine is neither driving or being driven. Seems to be coming from the primary drive side but I couldn't be positive about that.
The engine runs quietly (well, as quiet as a Laverda triple will run) with no primary chain.
On further reflection, I think it's somewhere in the primary drive. The fact that it changes as the drive train loads/unloads pretty much eliminates cam chain or top end, and points towards the drive train. I'm beginning to think it's the clutch drum. When there's no driving load on the clutch, the clutch drum spline can rattle against the teeth of the clutch plates. It's got a new set of kevlar clutch plates from Red, but I can't see that making any difference to how the clutch sounds. If I had some of those anti-rattle clutch springs, I'd give them a try.
The cush-drive rubbers feel quite solid - There's no movement between the primary drive sprocket and the clutch drum. Is it possible for the rubbers to be too hard? Maybe they've gone hard with age and are not cushioning the drive any more.
Does my description of the noise sound like clutch rattle? Can anyone describe what Laverda clutch rattle sounds like?
My brother took the bike for a ride a little while ago and he said he doesn't remember there being a noise like that last time he rode it, but that was a lot of years ago.
Maybe I should start a mysterious noise thread.
Cheers,
Cam