Long Trail Double Bag
Thanks for all the feedback. I mic'd the piston during disassembly and it was about 46mm. The exhaust port was already 29mm wide, so I didn't widen the port any, but I did raise it 0.040" to account for my removing of the base gasket. The squish is still 0.030" without the gasket, so it must've been 0.070" from the factory.
The cylinder has open transfers, so I "knife-edged" the bottom of the transfers (where the case feeds up into the cylinder) and also raised the transfers 0.040".
The muffler had some weird shape where there was extra metal blocking the exhaust port, so I took that off with a bench grinder.
This is a reed valve engine, and the reed set-up is the coolest I've ever seen. Imagine a pyramid (in Egypt) with the top cut-off. Now, on each side of the pyramid, hollow it out and put a reed on it. What you end up with is a four-sided reed valve. It looks great, but is probably no better than a conventional reed configuration.
There was a huge amount of play in both the con-rod bearings, so I was hesitant to try to raise the revs too much with porting, but it seems like she runs pretty happy right now. I cut a few cookies on the eastern white pine then had some knotty red oak firewood blocks to slice up, so I went to it on the blocks. After about 45 minutes of cutting without anti-vibe, I was wondering how I'd ever open a beer (long Trail Double Bag) with my hands so numb.
Needless to say, I figured that out, but running these old saws always gives me great respect for the guys who had to run these things day in, day out to make a living.