It's such a nice day, I couldn't let it go to waste....
Gotta love them Dremels.
I used some silly putty I had to keep the shavings from entering the crank case. that worked surprisingly well. Only problem is that silly putty tends to "melt" or "ooze", so it's best to work in a cool space.
I still need to get in touch with my dad's friend with the machine shop to do the cylinder/ head/ intake machining. I hope it won't cost too much, I just spent $60 on tires & tubes + shipping.