Peter,
It's very encouraging that you are pursuing this project. Weight is my biggest worry, but it's sounding like that may work out after all. Are you considering using the aftermarket aluminum flywheel? I think I read somewhere it cuts something like six pounds off the package weight. That sounds like the way to go if they are not budget busters. The billet connecting rod might be worth it too for piece of mind.
It appears that the 6.5 HP engine I bought at Harbor Freight for $100 on sale may be the same engine you are using. It is Model No. 66015 and is shown as being made/marketed by "Greyhound". The manual is here:
http://www.harborfreight.com/manuals/66 ... /66015.pdf Actual displacement is listed as 196 cc. It looks just like yours. I believe it normally sells for $150-160 US, but I've seen it several times on sale for $129. HF has an e-mail coupon mailing and that's how I got mine for $100. I don't know if there are any outlets near you. Shipping sure has gotten expensive on heavier things lately!
It's been 25 years, but I remember Ultraflight engine mounts for the KFM twin cylinder engines using 7075 T6 metal "spring" mounts rather than the classic rubber mounts normally used by the factory. They certainly didn't offer any shock load relief to the wing spars on hard landings. I think the long bolt modification may be adequate. Your motor mount design uses rubber mounts in their proper arrangement - in shear (and compression). Using them in tension is actually the only configuration that their manufacturers DO NOT rate them for! Dale got away with it because the loads, when shared between all those mounts, were so small. When I designed my re-drives for the Pioneers, I used a much larger rubber mount, but located them closer together so they acted softer in shear.
I think you'll find that the more you point your exhausts upward, the lower the sound level will be on the ground and the less muffler you'll need to placate people.
I think you'll find that with the improved torque of four cycle engines, compared to similar HP two cycle engines, that you'll find more actual thrust. Also, if you can get the same torque at a lower rpm, you'll come out ahead too because of improved propeller efficiency. I remember when they replaced the prop on an old decrepit C150 that I used to fly in with a considerably longer used prop after a student ran it off the runway and put the prop in the dirt. Although the longer prop loaded down the engine by several hundred rpm, the improved prop efficiency and good engine torque still provided an equivalent climb rate!
Good luck on your project!
Chappy