Okay, pretty much all watercooled pocketbikes run a chinese clone of the Dell'orto SHA carb.
Mines a genuine one but the chinese clones are identical.
They are a direct swap part for the horrible stock carb that comes with the happy time.
But you have all the usual adjustments found on a normal carby. And to adjust the mix you just take the 2 screws out of the bottom of the carb and there are screw in jets, standard Dell'orto jets are used and they fit in the chinese clones too.
As the shots show, its childs play to put a proper carby on these engines.
Here's a clone on eBay
http://cgi.ebay.com/ebaymotors/49cc...009QQitemZ190232753867QQrdZ1QQsspagenameZWD2V