The XL70 used a much smaller 420 chain, so that eBay sprocket won't work on your MT.
This is the sprocket I'd recommend - you may be able to find it cheaper elsewhere:
https://www.denniskirk.com/sprocket.p82 ... 825215.skuJust pop it on and adjust the chain, rather than pulling the wheel / removing chain links / etc. This sprocket should bring your revs down to 5,800 or so.
You can also try raising the needle clip one notch, running a leaner main jet, and removing the tailpipe muffler baffle for testing; pipe restriction doesn't really affect mileage at low speeds but can make a big difference on the highway, and the Honda MT pipes are about as restrictive as they get. Ignition timing can also make a difference, and opening up that submarine-style air box a little couldn't hurt either.
I just clip out rusted spokes with a small bolt cutter, then replace with OEM. I've seen cheap spoke sets on eBay (maybe from Thailand?), but have never tried them.
Ray