I wouldn't do it until I figured out how to make 49cc run.
Your 49cc should be very fast with 125# rider, if it's tuned right. You said it had tuned pipe, so just needs some TLC, and may surprise you how fast it can be. Speedo arm, on my Super 9 LC, goes past the bottom right hand corner of the mileage box from time to time, I think going over 55mph, its turning over 10,000 revs and sounds sweet.
Or, maybe 70cc kit would be the easiest thing to do? You have LC so should run cool. Only 70cc kit I did was AC, I had trouble getting it to run cool, so I wouldn't do 70cc kit on AC engine again, but will probably do 70cc on LC. Unless you get taller final gear, 70cc doesn't make for more top speed, but a lot more torque, and acceleration. Cheers