For that motor.....no
But i once researched hopping up 6.5 hp motor on a go devil.
Go cart people on the go-kart forums have it down to a science. They know exactly what every part is good to for RPMs. Those little six and a half horsepower motors can make up to 14 horsepower at higher rpms.
Some of this stuff will be true for smaller motors too
I increased my governor's speed to 4200 that was the safe maximum to go to without any replacing parts.
At 4800 flywheel would self destruct
At 5xxx...needed stronger valve springs, etc
By 6000.....half the engine had to be replaced with higher quality parts....pistons, crankshaft, valve train,flywheel, etc
Harbor freight was a favorite engine because it was cheap. Blowing up Hondas would get expensive in a hurry.
Point is, the engine that's designed to run at 3,600 rpm, probably isn't going to stay together very long at much over 4, 000 without some upgrades. Flywheels coming apart can also injure you pretty badly if not kill you....so theres that to consider......especially with something that's between your legs......