The coolant is Bel-Ray moto chill racing coolant.
I can check the valve clearances again but fixing them is a pain on the 16V bikes, if I have to do that I might do the whole thing and do the rings at the same time.
The Bel-Ray MotoChill instructions clearly state
Do not dilute. By diluting it, you lessened its effectiveness. Incorrectly diluted coolant won't work well just because you want to save money. You've compromised cooling by doing that. All you need to use is long-life coolant—OAT-type—in the correct proportion with distilled water, or may Bel-Ray MotoChill as it was designed to be used. Long-life OAT-type coolant should be common, even in Costa Rica.
The whole thing that you're considering doing is a
far reach from just adjusting valve clearances. If you knew that you'd avoid it like the plague. If you want to find out whether the rings are a problem, do a compression test. Give us the values. Follow classic compression test methods; brichbk explains the process in one of his posts. It was how he discovered one of his exhaust valves was near self-destruction and
you can use it to determine if a rings in a cylinder might be faulty.
The distance between the top of the sight glass to the bottom represents approximately 0.6 liter. Be certain the crankcase ventilator assembly isn't clogged. A clogged crankcase ventilator can increase oil consumption.
Your moto should function well in the highlands of Costa Rica without a larger
-capacity radiator but that's always an option if all other systems check out ok and overheating is
proven to be a problem. Clean the cooling system thoroughly. Mix long-life OAT coolant with distilled water carefully in the recommended proportion. Measure the valve clearances carefully and use the correct size cam followers (buckets) to set them to their specified clearances. You want the intake valves correctly set too. It might get costly but those exhaust valves will only get tighter with more riding. If one of the valves break,
then will be the time to contemplate
the whole thing.