Well I had a ticking noise that sounded serious, so I went to replace my cam chain tensioner and found it to be fine, but my cam chain was stretched and the guides that support it worn out. I replaced the chain, guides, and tensioner which fixed the problem, but I noticed that it was replaced with slightly quieter ticking noise that was masked by the cam chain. Long story short, it was impossible to pin down or isolate. However, my valves were fairly loose and my cam shaft is worn, which might explain the noise. Me and several motorcycle mechanics from work (I work at a dealership) looked at the cam shaft and the idea was floated that the loose valves and worn cam shaft might be responsible. I have noticed the sound is minimized or gone when the bike is running smoothly, sometimes when the bike is cold, and after an oil change. I know for a fact that having a little too much oil will create a definite tick, so that is an easy place to start.