alrighty, here's a couple of pics of what I started with and what it looks like at the moment.
Mechanically the bike was pretty damn good to start with, so apart from things like levers, throttle, and silencer, I'm mostly just doing a cosmetic rebuild. The silencer, which I pinched off my YZ project, is the one I made from an old grease gun, and it sounds fantastic.
Doc has very kindly supplied a 125 tank that I can clean up a bit and use, so I just need to find a 125 seat to match. The PE seat/tank combo don't really help when you're trying to get forward in corners. I ended up with my crack on the crack, if you know what I mean.
Also, thanks to OldFart for the advice on rear guards, the generic Cemoto one looks like it grew there.