That's the standard bend, right below the lower triple! One of mine was bent, nothing a 40 ton press and some V blocks can't handle. It's amazing how far past center you actually have to take the tube to get it straight again. Someone here has taken them to an exhaust shop and had them tweak it in the tubing bender, might only cost you a 12 pack of bubbly!
Looking good.
1985 Honda 125M (My first Trike--Still have it)
1986 Honda 250SX
1981 Honda 110
1982 Honda 110
1986 Yamaha YFM80 (Sons quad)
Past rides: 1983, 1984 200X, 3--1985 Kawasaki T-3
1987 CR-80, 70's vintage XR75, RM 370