I think your best bet is to get a used running Poncho 350 that you can drop in for now- then you can work on your other motor as time and money permits. You might even be able to find that motor here, from one of the PY members.
BTW, Jim is right about reman'd engines- they can put together a grocery getter motor, but not anything that will last under high performance use. I bought one when I was a newbie and didn't know how to build motors, and it didn't live more than a few years under my lead foot.
Geno
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