That night I started tearing the motor down to do the forensics and found the most peculiar thing. My lower cam chain guide had broken free and flipped over and was systematically being ground to pieces by the chain. Now this is something I have NEVER heard of but with intense modding of a bike there can be strange circumstances. So I accepted that and ordered the new guide.
After I pulled the head, replaced the gaskets and reinstalled the new guide I was putting the bike back together and found what I am certain is the culprit for this odd scenario. I picked up my fan cover and noticed that it had sucked up a plastic bag and it was completely chocking off the essential supply of air the motor needs to stay cool. That lack of air and the excessive load I was putting on the bike at the time caused the motor to get really hot. Heat can cause bad things. I'm lucky it only melted the chain guide enough to break it free and not something worse. Unfortunately after I got it all together and fired it up I still had some noise. I rechecked and realized my cam chain is junk now too because of this so I'm waiting on one of those.
MORAL OF THE STORY:
Check your fan cover periodically for foreign objects. It's really easy. Just bend down there and take a look. The fan and the black plastic case around your motor are it's only cooling system. Without it, well, you see what happened. I hope this story prevents disaster for someone else. See the photo below.
Dustin
