I looked into this idea when I realized the crank bearings for old GL1000's were no longer to be found. I read up on main bearings and was amazed at how much goes into them. There are 3, sometimes 4 layers that make up the main bearings and each layer has a very specific purpose, depending on the application, loads, engine speeds...etc. Each of the intermediate layers has a specific thickness and alloy make up.
Main bearings start out as flat sheets where the layers are deposited and then cut, stamped, machined. I think rebuilding the bearings is possible but would be very expensive. I did find a company that does do this rebuilding and tried contacting them but never heard back. I think they were in India.
I would think that deposition of the "Babbett" layer would be possible as long as the sub layers were not worn into. Honing the newly deposited layer to exacting tolerances would be another matter. I used to think these bearings were just stamped steel of some alloy. When I started looking into it, it was a real wake up. The "Babbett" layer is a mix of zinc, tin, antimony and other metals that impart specific qualities to the bearing surface. The layer is intentionally soft to allow for imbedding of dirt/contaminants. This helps prevent damage to the journals which are hardened steel alloy. The intermediate layer (Copper alloy) is used to support the Babbett layer, bond the Babbett layer to the shell and act as a cushion for the Babbett layer.
I will see if I can find the web site where I found this information and the company I tried to contact. It will take some digging.
Since these engines are low output, I would think it would be possible to re-deposit a new "Babbett" layer and have fairly good results in longevity of the engine. (i.e., the thickness and make up of the alloy would not be super critical) Finding a company that does this would be difficult. Another alternative would be having a critical mass of people willing to buy newly made bearings so that a manufacture would be willing to make them at reasonable cost.
-P.