For shims I used regular steel washers drilled to the specific size I needed. You want a close fit on the journal.
I shimmed the wrist pin bearing as well. I needed a 16mm wide bearing and only had a 12mm, so put a 1.8mm washer on each side. Very important this bearing does not slip too far to the side. By taking a small diameter washer (M8 I think) and drilling it exactly 10mm I got the close fit, thickness and the small outer diameter I needed.
Yes, I think you can do a lot to improve these motors during a rebuild, without a machine shop.
This engine I am working on was a well worn generic and quite sluggish with a sloppy crank. Let's see:
1) trued crank, it was not bad but is even closer now, done with a hammer, tested with a dial indicator.
2) new seals and 6202 crank bearings (one journal was loose, punched and locktite to retain)
3) stuffed the crankcase around the bearing retainers and lower transfer port trough
4) oil flow holes to both crank bearings drilled
5) matched the cylinder transfer port to the case
6) new sealed 6202 bearings on the clutch shaft instead of the shielded grease leaking bearings
7) case halves cylinder surface matched by file and sandpaper (on a smooth surface) before crank installed
8) Lip taken off the inside edge of the transfer ports and small burrs removed, chamfered edges
9) new studs and 8.8 grade Allen head bolts installed everywhere
10) cut gaskets to fit intake and exhaust ports, trimmed case and base gaskets to fit
11) drilled muffler flange (and gasket at same time actually) 3/4" to fit the exhaust port
12) installed a crank seal retainer plate behind the stator coil (was missing)
13) installed a thinner sprocket so lighter 410 chain can be used
14) cleaned the burrs off the clutch shaft and push bar so it works freely and used waterproof grease
15) Cut a 3mm squish band out to 47mm on the head at the angle to match the piston
16) filed and sanded the head and cylinder flat (neither were) and set them up to a .8mm squish
All of these are significant improvements on what is essentially a stock engine.