Do you have Damon's dvd/cd (?) of building an engine? Take a look for it on ebay, I think that's where he's been selling it.
Here's what I'd think of doing-do absolutely the least you need to do to get it operational and reliable. Don't go overboard on the mods. Ride it like that for a season, other things may turn-up you need to address as you put miles on it. Spend time (sweat equity) on the cosmetics, and then think about selling it. I expect the state of the VMax market is going to continue to be low prices. When you can buy a decent Hyabusa around here in south Florida for $6,000, a 20 year-old VMax isn't going to be worth $5,000 with say, 30,000 miles on it, even-if it is in good shape otherwise. A running bike here that needs consumables like battery, tires, fluid changes, some brake work and a carb cleaning is worth maybe $2,000. Why is that? Because to do all-that would cost probably $1,000. An acquaintance of mine just-bought a 20th Anniversary 2005 with < 8,000 miles last weekend for $3,700. That's in south Florida. Of course, your area may differ, but prices for bikes are likely going to be low in the winter, because how do you test-ride a bike during snow flurries and black-ice?
About your front end, have you added air to the forks? Don't try to fill them with a shop air compressor, as you're likely going to blow-out the fork seals from too-much air pressure.
To summarize, do absolutely the least you need-to for a reliable, operable vehicle, and enjoy it for a year, and then decide at the end of the season if it's really worth-it to spend more money to do something you really-want in a VMax, or if your $ would be better-spent on something newer and more-modern, requiring less maintenance.
My viewpoint may not be popular, but I think we all have to consider the financial end of things, in the end.
If you can afford $5000-6000 for a toy, and that's what you really want, and can realistically-afford, then do things within reason to yours, and enjoy it, while paying attention to not spending $10,000 to end up with a bike worth $4,500. You can always consider returning it to stock, and selling the accessories separately.