My friend's ZXR400-L basically runs and sounds like a bag of spanners. I could out-accelerate him on my RS125, never mind my Fazer! LOL It has poor power output, and very bad acceleration. Whereas my Fazer and my mates Z750 sound revvy like inline 4s should, his sounds too deep,

It sounds to me like the valve timing is all messed up, and as a result my first thoughts are that the cam chain tension is all tits up, or that the chain itself needs replacing. A typical ZXR problem as I have read.
From what I have learned from browing this site, the chain tensioner is automatic, as it is spring loaded. If your cam chain is gone, then you just replace the tensioner?
The thing is I'm not too sure as to how to do it. There are a few things I really need to know, and would be grateful for some advice!
Firstly, is my diagnosis of dodgy valve clearances or timing correct in your eyes?
If I need to replace the tensioner, how much are they and are they easily available?
And lastly, are the tensioners easy to fit? I'm pretty handy with a spanner. If someone were to briefly describe it to me I'm sure I can do it no problem.
Many thanks for any and all replies, ride safe!