Thanks for your help, but let me be more specific.
I have the engine completely apart...and by completely, I mean there are no two separable parts still together. This is a 30 year old engine, but it has very little internal wear, probably because it is off a roto-tiller that got used 2 hours tops each season.
The last couple of times I tilled with it, it blew (blue) smoke like a nervous AA member. I figured, logically- rings and/or piston. Guess what. The piston and bore and still in standard specs and the rings are very good (I'm replacing anyway since its apart...and 10 bucks).
Where did the blue smoke come from? I discovered the breather (one way valve) was completely shut off, which caused a pressurized crankcase....leading to oil being forced past the rings and even up the valvetrain (depending on how long it went on, probably contributed to the remarkable condition of the bore).
Long story long- it's been burning oil for a while and therefore, there is alot of carbon in the combustion chamber and around the valves. I took the head off and cleaned that like a son of a gun...mineral spirits, brushes, and SOS pads (for a nice polish). The only reason I hesitate to do that around the valves is that the confines are tighter and the valves have to seal down there, so I don't want to risk scratching. I'm going to lap the valves, but I don't want to have to replace a seat or two. I would like to find a chemical or something else that will remove the carbon, but leave the seats and Al passages unscathed. I have heard of using an aluminum scraper. Any other suggestions?
BTW- if anyone has an old 2 seat go-cart frame you want to get rid of, let me know. I'm toying with designing my own, but I would not mind fixing up something. I want to do a build up rather than just buy something both for the fun of it and as a father/son (8 years) activity we can both learn from. My son has already learned a bunch about how engines work.
Thanks all for your help!