Hi jeffreykogan. I'll throw my 2c worth into the ring. I am running a Lifan/Doodlebug 2.8hp with a TAV2. I chose the TAV2 because I needed a jackshaft setup anyways, and wouldn't you know it- the jackshaft cost just as much as the deathrow TAV2. So, I reasoned the variable ratios to be an advantage.
Here is what I have run across, so far:
The engine shaft is shorter and smaller diameter and needs to be adapted to the TAV2. Not so bad, actually. They sell the 5/8 to 3/4 `adapter on Ebay for cheap, and I got a 3/4" split collar to give the TAV2 driver something to butt-up against. The only "challenge", if you want to call it that, is lining up the driver and driven pulleys by where you lock down the collar on the engine shaft.
Advantages- it works as advertised as a clutch and variable ratio transmission. On my Cranbrook I am running a 6>1 final drive ratio, which by itself, is WAY too tall, even for a 212 Predator. But with the TAV2, it pulls from a dead stop just fine, even with my 240lb lard-butt on it.
Disadvantages- It sticks out to the left almost 2" further than a similar cent-clutch/jackshaft setup. Not as horrific as it sounds, really. The top speed is barely hitting 30mph. BUT- that isn't the final word for my situation: I have adapted a carb from a 2-stroke engine kit, and I haven't "dialed it in" yet. I am also 240lbs, which probably the reason the 2.8hp can't top 30mph. I plan on properly jetting the carb and putting a less-restrictive exhaust on it, which can only help.
I would think your 79cc Predator is of similar performance compared to my Lifan 152F. Both are capable of 4500-5000 rpm with minor mods, which means they could potentially make around 4hp.
Honest opinion- the little motors can barely swing the TAV2 to its fullest potential, but sometimes that's "good enough". I have ran the TAV2 on a predator 212 on a gokart, and that is truly a great match. I am doing my best to document my trials and tribulations on the Lifan/TAV2/Cranbrook thread.
Best of luck.