Clint - I have a good supply of NOS 92517 rings if you're interested.
I found these today while sorting, the step tap says Time Sert. It looks to me like you run that step tap through the spark plug hole to create a larger tapped hole for the insert, the guide would temporarily install in the enlarged threaded hole and the seat cutter could then recut the seat for the plug, and finally the driver would install the new insert in the prepared hole (or so I guess). The part numbers are McCulloch assigned numbers.
View attachment 968399
I have some spares if anyone would like a set of their own...once I find the additional seat cutters.
Mark