I just did the valves on my newly acquired 2009. The PO said he had done them before. The bike has about 11K miles. The exhaust were at the top of the spec but the intakes were a little tight,  just below the spec range. I put the intakes at the top of the spec with new shims. The PO gave me a hot cams kit so I had all the shims needed on hand.

I have done valves on a few other bikes (KLX250s, DR200 and KLR 650). I found the 690r to be easiest of all of the bikes. The hardest part, for me, was getting the valve cover in and out of the frame. You have to tilt and/or position it just so and it falls into place. Using the rocker arm bolts to extract the rocker arm shaft worked very well. I put in a new spark plug while I had the bike apart.

Here is the link to instructions I followed: http://ktm690.info/index.php/Valve_Check. I also watched this video: . The video is sort of funny but you might get dizzy watching it because he constantly moves the camera. I am not trying to be critical of video because it was helpful.