I know you already have the 500 engine, but as someone with a spare titled 550 frame myself (and 2 550 engines and another 550 frame without a title) I wouldn't go to all the trouble of doing a complete swap of the less powerful 500, I would go the other direction and find a 650 (which is what I will probably do at some point). It also bolts into the 550 frame and is almost as powerful as a 750 while weighing less.