I built a Point Beach last fall with a Power King. I chose the point beach because it was one good looking cruiser. As you may know, the bottom motor mount clamp won't work because the frame is too big. I ended up using the "FRAME SAVER" that can be found on eBay. I can't recommend this product enough- it made life much easier.
So far, I'm pretty happy with the bike. Only problem so far was the rear hub had to be replaced...supposedly this is a common issue on Schwinn's.
And yes, the cables stick out a bit. A couple zip ties should clean that up a bit.