I know next to nothing about souping up a 2cycle engine but Dennis at Golden Eagle Bicycles Motors does.
The Last I talked to him he was getting 57 mph out of a 25cc engine. I didn't ask about any of the details but he did say just adding exernal items didn't do much. Internal work along with external performance modifications can make them a hot little machine. The catch is, the mods have to keep the engine as a whole in balance such as the right exhaust or expansion chamber, the right back pressure for one thing is important I am told. Dennis seems pretty sharp, I was told he used to race 2cycle motorcycles. One thing I should add here: He does not sell the souped up 57 mph engine
Dennis is using a different make engine than the Chinese engines we are talking about, so as stated, " they maybe good just as a basic workhorse".
Another thing I am told, after you get some miles on the engine and well broken in, it will open up and perform much better than when new.
I had canard designed ultralight airplane called a Falcon with a newly rebuilt rotax 2cycle engine. After I finished the breakin procedure and put a few hours on it I was brain washed into putting a certain additive in the engine. Most additives I hear are not worth the container they are put in, but I gave it a try. It was called "Slick 50" but was formulated for 2cycle engines. After following their directions I took it out for a flight to see if there was any change in performance. I found myself pulling the steepest climb out I had ever expierenced. All I saw was clouds. Man did that little plane feel hot and that was without a prop change. It did great until one day I had an inflight engine failure due to a seal leak that had developed. I don't know if the Slick 50 had anything with the seal leak, but like many others, I was interested in improving efficiency and performance.
I don't know if that would do anything for these little engines or even if Slick 50 makes the 2cycle stuff any more. I have also read reports that Slick 50 is not what it's cracked up to be and a waste of money.
Well, whatever, the experience was an eye opener for me. Both of them.