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Just had one dropped off to look at today. Any tips??? [emoji6]
If it's the non-strato version they can be made to run very well. Do the usual widening of the intake and exhaust, lower the intake floor a few degrees. Advance the timing and open the muffler up good. A little thinning of the throttle shafts and screws.....and it will surprise you.
I did one with a Tilly from an XL12, and external transfer ports. I fly cut the bearing pockets and raised the crankshaft up about .050". That allowed me the do a pop-up