Well I do know that I have a study clutch fluid leak coming from somewhere in the system. I had originally thought it was leaking from the master cylinder, but I replaced the seal for the cap and it leaking completely. Then after taking it to California I went to the hills with my buddy and totally lost my clutch right before we went into Rapid City. I was really concerned and baffled because the clutch reservoir was full. I pulled into the service station and asked the gentleman to borrow a screwdriver, but he wouldn't let me because he said If I screwed up my bike because of the tool he let me use, He'd be responsible and I could sue him for an accident. What a crock... so I told the gentleman in a pretty smart tone that I would just have to put my helmet on and ride into rapid city with no clutch... thanks for the help, pal....
So anyways we got to Wally World and I bought some wrenches and a screw driver, and tried to bleed the clutch. I couldn't get any fluid to come out of the bleed screw so I thought I really had a problem. I then unscrewed the cap and realized that it may have looked like I had full fluid, but with it sucking the fluid into the lines, it actually pulled that rubber boot down into the open spaces that the fluid used to take. So in essence, there was fluid totally covering the sight glass, but the rubber had filled the reservoir.
So I went back in and bought some DOT 3 and filled it, bled it, and went home.
So I know its leaking, and I had originally thought it was in the oil, but when I change the oil, it always looks clean and chemical free.
The smoke and the smell seems to be coming up from the fake fuel tank and rising just in front of the seat. Its nasty smelling and doesn't smell like oil or antifreeze. Its also hard to tell if just the slave cylinder is leaking because it also leaks a little oil from that side cover gasket. I took care of all the antifreeze leaks and its sat all winter with not a drop of anti-freeze plus you can REALLY tell the difference in smell.
So I guess I'm thinking definite slave cylinder.
I suppose I should upgrade to steel lines while I'm at it huh?