Well, the project has finally been finished. Thanks to everyone for their input, compliments, and so on, especially with the jackshaft. It turned out pretty awesome and it was def fun restoring this old bike and bringing it back to life again.
It runs like a champ, rides pretty smooth and is pretty dam fast. Here are the final pics of it painted, assembled and ready to go .. Thanks again guys .. This forum really does rock and is great for assistance on a minibike project .. I'm glad I found it.