When I picked up my '86 K75, I noticed that the gauges were fogged, but since I knew the bike had been sitting I didn't think much of it. Once I had the bike back in my garage, I decided to open the gauge pod and let it air out for a few days while I waited for the new battery to come in. (I was unaware at that time that my battery was being routed to Norfolk Oklahoma instead of Norfolk Virginia, but that's another story. :dunno2:) Having removed the headlight surround and removed the gauge cluster from the bike, I removed the back of the gauge cluster and a good half a glass of rusty water poured out :yow. Every bit of metal, resistor, and circuit board was completely covered in rust and the entire interior was a total loss. I lucked out and was able to Ebay a used cluster for a price that I was willing to pay, and I installed it today. (Still waiting for that battery,BTW) but I took it apart and ran a very light bead of silicon around the inside of the two gauge windows as a precaution against future problems.
The photos show the old and "new" clusters (The "new cluster has 25,125 miles on the odo, the old one has 3,707).