I believe that saw is based on the 540 chainsaw. Don't bother converting it to a chainsaw. You're better off selling it if you don't want a demo saw, then buying a chainsaw. I have a friend who has one of those. He calls it his "church key". LMK if you decide to part with it...
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Here's the 540 Chainsaw listing on Acres' site. You can see the resemblance...
Model Profile: 540
My father has a DM54 since new. He has repaired the muffler several times. Welded the handle bars back together and cleaned up a scored piston. That saw always starts and has cut alot of pipe and rebar. I second the above. It is a good tool to keep or put it up here as a parts or runner as the parts are hard to come by.