Went to the mate's garage this morning. Valves are OK. Intake just below 0.15, exhaust about 25. However, cam chain is stretched. Needs a change. Ordered a new one (55 euros). Carbs in need of cleaning as well as synchronizing. The man asked 40 euros for labour to do it all himself. I think it's fair, since I have work etc and it is sitting in his garage while cam chain arrives.
The same guy tried to talk me out of servicing fazer, to sell it and get a newer Honda CBR, or at least a Yam. Thundercat. Said it would suit my "riding style and temperament" better than this ancient motorcycle. Talked something about depreciation and value for my money... rubber parts getting all worn and due for change (carb rubbers are still good, but have cracks and according to him they will cost about 50 euros each to replace when needed).
I gave it a thought... for about 10 seconds. Of all the bikes I've tried, Fazer suits me best. For track and fast twisties I'd like to have a different bike, but when you put it all together... this is it. Hope to ride it in the next decade (around 8000 kilometres per year).