At 99 cc a 740 in good condition will pull a longer bar like 28 or 32" pretty nicely, all depends on the kind ot wood you intend to cut. Very little anti-vibe on that saw so hours in a milling operation could get you white knuckles. There are a lot of longer bar options for a saw like that as all the large frame McCulloch saws used the same bar pattern, check e-bay and you can find many choices including NOS bars up to 38".
A lot of guys like to run 3/8 chain including LP for milling,thinner kerf means less work and less waste but you will find limited options for longer 3/8 sprocket nose bars in the large mount, that much torque means .404 chain is better.
DSP actually stands for De Stroking Port, the manually operated poppet valve on the 795 and 797 saws as well as other models like the CP 70 and CP125, DSP 3-10 etc. was a McCulloch exclusive.
My 740 is one saw in particular that likes to bite when starting, take a firm grip on the starter and pull like you mean it.
Mark