How well do these engines hold up?

Looks like a typical Happy Time, like mine. Each of these motors seems to have its own karma. If you can get that kit for less than $150, delivered, it seems like a decent deal to me. Its got the new throttle and new-style clutch lever.

You pay your nickel and take your ride. :D

Edit: Its almost certainly not 80cc.
Edit: Its a Powerking motor, use the search feature for PowerKing, some likes 'em, some don't.
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