I absolutely love my Morini H2o, its built for racing, which means it is loud, and it's a 2 stroke which means the power comes on late in the power band. I don't think it's the best engine for cruising around. did I mention it is a loud 2 stroke= over 10,000 rpm's
If I were to build a bike for commuting or riding through the neighborhood I'd build a 4 stroke like I did for my brother. Honda GX120 is a perfect engine for this, it is also a great engine to race, remove a couple things and your set. it has many aftermarket parts, carbs, cams, flywheel, to get you into the 6-8hp range.