Lots of work is involved when rebuilding a clam shell engine or upgrading it to a larger bore. I did it once with a 310 to a 390 and I doubt I would do it again. You will have parts all over the place and when it's all taken apart, you will wonder where the saw went. However, it does eventually go back together and while you are at it, you may run into worn out bearings and seals. Keep an eye on that.
Good luck on the rebuild. Here's what mine looked like when complete:
While I was at it, I made a pull cord handle out of white oak. I still use it. This saw now has about the same power as my MS 361, but it weighs more.