Hi Rich:
Welcome to our forum, and congratulations on your purchase of the ST 1100.
I have a 2001 ST 1100, and presently have
exactly the same problem you do -
"the clutch drags a little bit when hot and that it is hard to locate neutral when stopped." The only difference between you and me is that I have owned my ST 1100 since new, and mine has about 120,000 miles on it.
I first noticed this problem developing with my motorcycle about 2 years ago, and I asked my dealer to rebuild the clutch master cylinder (the assembly on the left handlebar) and flush out the fluid. They did that, but it didn't solve the problem.
As I understand it, there are three major component groups involved in operation of the clutch:
1) The master cylinder,
2) The slave cylinder, and;
3) The hose that connects them.
Item 1 on my moto has already been rebuilt. When I next get access to my moto (it is in Madrid at the moment, and I live in Canada), I am going to replace the entire slave cylinder assembly and also replace the hose. It's easy to get all the parts necessary to rebuild the master cylinder or to replace the slave cylinder, but the hose - Honda part number 22900-MAJ-G00 - is no longer available from Honda. Earlier today, I wrote to Galfer, a well-known manufacturer of brake and clutch lines, to inquire if they can supply a replacement clutch line as a stand-alone part (rather than as part of a kit that includes all hydraulic lines on the bike). Once I hear from them, I'll come back to this discussion thread and post the result.
Below is a picture of the parts needed to replace the clutch slave assembly. From the top, going clockwise, the parts consist of a clutch slave cylinder replacement kit (22860-ML7-010), two gaskets that go between the right hand cylinder exhaust ports and the right hand exhaust headers (18291-MN4-920), an oil seal that fits just aft of the clutch slave cylinder (91204-MB0-013, not sure if I am going to need this, but I bought it just in case), a few copper crush washers (a generic part available from any moto dealer, but if you want the OEM Honda ones, which are terribly expensive, the part number is 90545-300-000), and a gasket that goes around the replacement slave cylinder (22862-MGJ-D00).
I'm pretty sure the parts I need for my 2001 are the same part numbers as you would need for your 2002, but double-check. Total cost is about USD $70. The two gaskets for the exhaust pipes on the right hand side will probably be needed because others have reported that it is necessary to loosen the right hand exhaust headers to move the exhaust plumbing out of the way to get access to the bolts on the clutch slave cylinder.
I'm choosing to replace the clutch slave cylinder sight unseen, rather than consider rebuilding it, because all the photos I have seen of a defective clutch slave cylinder show evidence of corrosion within the assembly. If the bike you purchased originated in the UK, you probably have corrosion on the outside as well, because the UK seems to be a very corrosive environment relative to the European continent or North America.
As for the hose - I'm going to proactively replace that because a number of other riders of early 2000 STs have reported that the hose itself is half to blame for our clutch problems, this because it becomes a bit elastic with age and swells when pressure is applied. This means that the full pressure created by the master cylinder doesn't get applied to the slave cylinder.
Hope this information helps you.
Michael
ST 1100 Clutch Slave Cylinder Replacement Parts