That's a very interesting engine you happened to see, and seems like one worth giving some thought to.
It is obviously a Honda Cub based clone engine, of which there are many.
What's particularly interesting about this engine is that in place of a kick start shaft, there is now a cottered pedal crank. I really wish there was a picture of the other side of the engine! If my memory is correct on this, the kick starter shaft on these little Honda engines is just a plain (or maybe bushed) bore in the case and cover. Being almost certainly Chinese made, I doubt this engine would have improved this to ball bearings, and wouldn't likely hold up to any serious pedaling. Probably good enough to start the engine and be legal though!
With a 2 speed automatic and some sort of a high/low box as well, this certainly sounds promising for a motorized bicycle application.
Edit:
From this vendor, I see that $299 plus $40 shipping gets you a totally bare engine with no carb/intake/filter or exhaust etc. If anyone happens to find a cheaper source for this engine and/or one that is more complete, please post a link.