But I still dont see the point in all the extra revs.
HP = Torque * RPM / 5252; If you can keep torque from dropping like a rock, then extra rev's mean more HP.
I'm not talking about spinning to 9k, even though GX200's can do so for an entire season, I'm saying 5-6k max. The way those constant-speed motors is the governor. If there is no load, the governor keeps the throttle open just enough to hold it at 3600 rpm. Adding a load causes RPM's to drop, so the governor open the throttle to compensate. The other benefit is when a huge load is put on the motor and rev's dip - going from 5k to 3k still keeps you in the power band whereas 3.6k to 2k means it will likely stall. As far as reliability, people seriously beat the crap out of the Honda clones for an entire carting season, and they are several pegs lower than true Honda's on every level. Just use decent oil and change it a bit more often than 6 months or 50 hours.
NA or S/C power in this situation will be more desirable. A turbo may not be able to respond fast enough, since it's possible it won't be pegged at full boost while free revving (no load). If you're lucky, you may be able to double the power with a "simple" turbo kit. A few mods (camshaft, carb, flywheel for safety) with a bit more RPM and you can more than double the power, which will also be instant-response power.