Looks great. I work with the real Hondas at work atm, they are pretty well bulletproof. I've only seen 2 fry, and they were the same batch serial numbers. Since there's not a whole lot to the metalurgy, they should be great to deal with. FYI if you strike a deal with your local Home Depot tool rental tech, you should be able to get genuine replacement Honda parts near cost.
As for the clutch...if that's a spring & shoe deal, add some lead and/or re-heat the springs. Get that shit engaging right off idle...
BTW is that the GX160 clone? I can't find anything besides a 193cc version for $129.