Yes, any downhill deceleration should pull the RPMs down. You can do the same test without a hill by letting off the throttle in any of the forward gears at speed with the motor revved a bit. In any of those tests if the motor immediately returns to idle without slowing the bike down (the bike continues to coast at high speed), the one-way in the centrifugal clutch is bad.
Incidentally... if you end up having to take the right side cover off to replace the one-way clutch bearing, you may as well check the condition of the cam chain before you begin that job... in case the cam chain needs replaced. The reason for that is you'd be taking the centrifugal clutch assembly off from the crankshaft.... the cam chain is right behind that clutch on the crank sprocket, so if that chain were worn out you'd save yourself the same right side teardown work in the future. Checking the cam chain condition is easy... we can help you do that once you learn whether you need to fix that one-way or not.