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Not much left to pick over here, as Ron L. grabbed all the low-hanging fruit.
Exhaust headers are designed differently, at the end that inserts into the head, with a conical design sitting on a mating conically shaped ring, allowing for adjustment on more than one axis.
Two zener diodes on the MK III, one in each of the two Z plates, so the left side Z plates on the MK III have an extra hole to accomodate the 2nd zener diode.
Transmission has an electric neutral indicator, but there is no longer any type of indicator for which gear you're in, unless you're in neutral.
Gear shift lever changed from chromed steel on earlier bikes, to aluminum on the MK III.
Read somewhere the oil pump itself is somehow different, to be compatible witht he different MK III timing cover. May just be the button seal that faces the timing cover.
Timing cover differences, generally referred to in Ron L's post, are the inspection cover for the cam chain, and an anti-sump valve, and maybe others? I think Jim Comstock provided information that there is more than one design of MK III timing cover.
Also read/learned from another thread here that MK III's have rims specific to the model. Might have been L.A.B. that posted that.
Front brake master cylinder, and brake line set up, which passes through the lower triple tree.
Ron L specifically mentions upper triple tree, but the lower triple tree is different, too, and has an extra hole to accomodate brake line.
There are slight differences between center-stands on '74 and '75 models, although I haven't paid enough attention over the years to cite them specifically.
I believe the location of the rectifier may have moved, too. Or I have a bike where someone has mounted it in a different location than stock.
Depending on which models are being compared, the chainguards would have differences. Some 1974 chainguards have a cut-away to allow access to the brake inspection hole.
Regarding seat specifics, I've noticed that on at least 1974 MK II models, the foam is a different shape, and has a little extra meat at the rear end that rises up. Not sure if I've ever seen a '73 model with this, so I think it might be unique to 1974 models.
MK III fork locks have a rubber plug to prevent water from entering the lock. It's attached at the triple tree stem.
The facings of the Smith tach and speedometer are different on the MK III. The Veglia gauges I'm not sure about, but I think the '74 Veglia guages may have had some iteration of the green globe, whereas the MK III models I've seen, with Veglia guages, have the blue and white arrows. Same with the Smith guages.
The MK III added a trip odometer, too.
Are the speedometer drives different? They mount on opposite sides.
What about the rear axles? I don't know for sure.
The mufflers will be different, if comparing '74 models equipped with pea-shooters.
Almost forgot the kick start lever, which is bent differently than on all previous models, and allows for greater clearance from the exhaust system.
Oil tanks are different, too, as the chain oiler was removed on MK III. Not sure if all MK III were like this, if '74 MK IIA bikes had a chain oiler.
The left sidecover has already been mentioned, but for people following the thread there are two different '74 Roadster and Interstate sidecovers, with and without space for the toolkit, and the different lower mounting point that features an extra hole in the sidecover at the lower mounting point, for the MK IIA models.
Isolastics were already mentioned, but not the head steady with the additional spring and hardware to mount it.
The stickers on the frame were different, too, I believe. And I've got a MK III with original paint and there's no reserve sticker for the petcocks, where there is on my '74.
On my MK III there is no fuel baffling in the gas tank, but there is in my MK II tank.
There are different shapes of muffler mounts (the plates attaching to the Z plates), but I'm not familiar enough to describe them. Not even sure what's correct on the different models.
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