Just saying, if you want best value for your dollar, the 650 motor is the way to go. Drops right into your stock frame.
By the same logic wouldn't
half a 750 motor be cheaper still and more powerful after I mate it to the 550 bottom in unholy matrimony and make a 718?
Allow me to further explain the situation; I'm not looking to restore this bike or sell it, but i have an aversion to putting more money into the bike than what it'll be worth when I'm done, and I already overpaid for the bike itself considering its condition. this is my beater bike I ride and park in NYC. I have been riding this bike for a year to get back into it and just to get use to riding in traffic. I plan on buying either a Ducati 848 evo or possibly a 998 in the fall but not keep it in the city. I'm still gunna keep the 550 to use and park in the city. I like the hobby of working on it but it's not like I prefer to work on it all weekend. It needs work so I'm going to do all the cost effective mods as I go.
I kinda wanna keep the original engine in the bike too. I kinda think throwing an entire new motor in is cheating. Also even if I went for a 650 engine I'd still wanna fix my 550 motor and pimp it up a little so I get a few extra bucks for it and it stands out and sells faster (Or build another bike). It only has 12,000 miles on it. Porting is free, the 650 cam cost me $85 shipped, the did chain is $35, the tach plug is $20, the gasgets and seals are $45 for the whole engine. $180 ain't bad for a mild street engine rebuild, so that leaves a little change left over for pistons or dyna 2000 ignition. If I was gunna throw another couple hundred bucks at the engine what should it be?
I can rebuild carbs, what good used race and/or street carbs can I get on eBay for cheap?
I also didn't realize those rims are $260 each. $500 on rims is a little much for this 550 and I need tires too. What kinda rims can I get for $150 each

The stock rims are $100 each.
Also thank you 754 for the info. Any advantages of one material over the other? I'm sure each part maker has thier reasons.