OK, just consider less is more.
I learned a lot from this post - that refers to a series of other threads and posts from other forum members:
https://www.arboristsite.com/threads/365-372-kit-builders-thread.357338/post-7703794
Remember that any material you remove from the low end (crancase, ports) will decrease the vacuum and compression in this part of the engeine - so make it count. Less vacuum in the low end will suck in less fuel/air through the carb, less compression in the low end will give less fuel/air to the cylinder.
Also, enlargening (widening) the port windows in to the top end without enlargening the rest of the ports will decrease the gas velocity in to the cylinder - which is not what you want. The port windows in to the cylinder is a "nozzle", I'd suggest not doing too much with them.
Widening the exhaust port and make sure all port transitions is dynamic might be the most obvious improvement - more power but less fuel efficiency.
As for the gasket delete, you improve compression and tourque, but the ports will be less opened and you change the timing a little too - all of this points to less rpm and therefore HP, but to more torque and power at the mid range rpm.
As for the muffler mod you should consider the area of an 1" round hole is about perfect for a 70-80cc, so that may be more than "one" hole. Else the muffler should be empty with as much open area inside as possible.
Be on the safe side, less is more..
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