Mick ! it may well be bearing related INDEED ... as it sounds like the constant turning of bearings ... which they should be turning in there ! DUH
and i find it odd that one bike like 2M's would nave no bearing sound and then another would.....
it doesn't necessarily mean the bearings are bad.... just not as smooth as 2M's bearings I guess....
.....
when I busted the Cage on the main bearing on my 1968 W1-650 Kawasaki ( BSA copy kawasaki made) you could hear it going tick, tick ,tick, tick. at idle and it changed with RPM but other than that it ran fine.... at least I think it was a busted cage, I don't really know as I never got into the bottom end on that machine. but I put on about 200 miles after that and it was still going when I sold it.
( that was my one and only wreck involving another vehicle ! he turned in front of me ! as I was passing. )
.....
anyway sense the XS650 is all roller bearing throughout the engine..... and a super Robust design at that... I am confident that it will run like this for decades..... the noise is just annoying is all.
......
Bob.........