clutch issues

Hello people, I just bought my first bike on craigslist, a 1967 Yamaha ycs180. When I got it it was running fine and the previous owner had done a complete cleaning of apparently, but I was unhappy with the feel of the clutch. I only reached the friction zone very close to the end of releasing...

So I've got an '85 V65 Magna. Been building her back to her glory bit by bit when suddenly, and I mean SUDDENLY, the clutch went. I had to squeeze the handle all the way in to get her to shift at all. What I tried: The cable doesn't SEEM broken because if I squeeze enough, it pops in gear and I...