Improve air filter and muffler.
Re-jet carb richer for the changed air filter and muffler.
Remove PAV.
If the header has a loose fit into the head joint, then you can usually cut a strip of beer/soda can metal about an inch wide, and wrap it around the header end, usually one full wrap with butted ends will do it, and then push that into the head with the header as a shim-style sealer. If any leak persists after that, it will be small, and can be sealed with some clear automotive silicone sealer product. Wait 24 hours after using the silicone sealer to let it cure, or else it will blow out when you start up the bike.
The most failure prone part on the bike is the Electric Start sprag. They almost never survive. But, it you tune the bike well so it is not too lean, and keep up with the tuning when weather turns cooler, and open up the decomp when you turn off the ignition to stop the bike, it will have a somewhat better chance of living. If it breaks, it can be removed with no cost and about an afternoon of labor, and just use the kicker to start the bike.
A very good mod for an older Bullet is to convert to right foot shift and left foot brake. There are conversion kits for this. It makes it shift much better, and eliminates the underhanging foot brake lever on the right side. Highly recommended if you can learn to shift with the right foot.
Break it in according to the book, and use the gears properly so you do not lug the engine, and after break-in, do not try to highway cruise at higher than 55mph.