Thanks for the replies folks.
I've been reading about the oil burner issues for a long time, ever since i heard about them in 2009. (after i bought my bike... go figure)
So being outside my warranty i never thought to give honda a call. So i think i will start there and see what happens. That would be sweet, if they fixed her up.
Plan B. Find a salvage, fix up that engine (ie tear down and replace rings and whatever else that is the problem) and transplant into my bike when complete.
Plan C. Keep bike, buy another.
Plan D. Trade in bike for another.
Plan E. Sell all and tell stories about when i used to ride to other riders at gas pumps.
I'll update this thread as my journey unfolds. Really because the forums have been slow, and I'm bored often.