bwaller races a big bore 600/550 motor, plenty of info in his main thread
rene from holland achieved close to 70hp from just 500cc but that was a very extreme state of tune done by a professional. Rene will not like me saying that, but that motor was a bit finicky. I stopped short at 62hp or so from a 500c.c. too self tunning it in my shed with very good reliability. So yes, a 60hp 600 is doable, and power should be pretty usable.
if dynoman's 600 kit is intended for the street, you better check what compression ratio is claimed those pistons.
for racing you'd want to be upwards of 12:1, this is key for obtaining crisp power.