Thanks everyone for your input, I grabbed a jug of T4 15w-40 from Walmart last night and I'll be changing the oil later. I took the paneling off earlier today to have a look and, well, its dirty to say the least. It still has the old style fuse box so I'll have to look in to replacing that eventually and it looks like the TCI has been relocated. I'm not sure exactly where its supposed to be but I can't imagine that it was screwed to the air box. (Correct me if I'm wrong) It does have a K&N air filter in it, so that's a plus, and all the sliders in the carbs appear to move freely. I'll post some pictures later once I get the oil change sorted and hopefully some of you can help me identify what's what as far as wiring is concerned. Other things of note: the previous owner said that he'd added in the later model's rear brake bleeder under the dummy tank, its rusted over and leaking a bit which explains my mushy brake pedal so that'll need redone. That aside I'm pretty sure the clutch will need to be bled, it grabs really high. If anyone has experience with doing this I'd greatly appreciate pointers. Thanks again everyone!
-J