"Is there anything I need to watch out for, or keep in mind?" yes, a fire and possble hearing loss. I have run them sans exhaust and air filter, bare carbs, but they run really poorly in that condition. Better if you have raised the needle or richened the jets to compensate for all that air in and out. Running like that will tell you if you have any major leaks, tranny trouble, or clutch issues. I ride my rollers with temp. gas cans, no exhaust, no filters, no seat, no fenders, and a garden tractor battery bungeed to the frame, rear brake only. It ain't pretty but it tells me what I need to know before I invest time and money into a hardtail conversion and frame build.