How did it seize? Are you confident that you know why it seized? Did it get straight gassed?
The last 55 I worked on had a bad carb that was acutally leaning the air to fuel mixture, and hitting the limiting end of the coil and it was diving down in rpms under load.
The owner said it was "running like never before" just before this ritual death spiral. If you know that it was simply a straight gas event, then you have a pretty easy saw to work on.
Make sure you get a new base gasket, and just spend the $15 on a carb block for that saw. It is what the carb sits on. It goes, filter, carb, carb block, rubber boot with a VERY small impulse line under it, all of this attaches to the cylinder.
The reason for the new block? It has the carb attached with self tapping long screws that don't really re-tighten too well, and for the $15, it's just easy to get a new one and not worry about an air leak on a new top end.
Keep us up to date and ask more questions if you run into trouble. But above all, make sure you know why the top end is gone...
Jason