Well I popped in the '02 R cam. I can feel the increase in power over the '05 R cam. However, the '02 R cam feels 'rougher' (as one would expect from a more aggressive bump stick) and seems to make a bit more noise. Not sure I like it yet. Will ride the bike for a while before deciding if I'll keep it or swap the '05 R cam back in. The power is indeed pretty great.
Yea the bottom is definitely stronger than the others on the 02 , not sure what the noise is , mine sounds no different than my 450X (i am assuming at idle is where you are hearing the noise)
I honestly do not know the origin of the holes , i do know that the HotCams do not have them (at least that i remember , i have to take a look at mine sometime on my 450X) , .....beats me , i tried to research it , but came up with nothing....