Going for a 50/50 bike with my $100 Laser Sport.
Using the stock V1 pedal start, ported stock cylinder and stock head.
Gonna be street legal. In California that means headlight, tail and brake light, horn, and left mirror. Turn signals aren't required (VC section 24015: Mopeds must have headlamp, tail lamp, stop lamp, reflectors, mirror, horn & muffler.)
Step one. Strip and chop off everything not needed.