I am with the Dutchman on this subject. Small price to pay for safety. The quality of this part far exceeds the stock one and I would not even think of using a cast one. A cast one...shiz I think the stock one is at least forged steel.The reason I ask is because I rather not experience this and hopefully you or anybody else wont either, quoted from agk website;
"ALUMINUM FLYWHEEL: Stock flywheels, especially on clone motors, can come apart at high RPM. When a flywheel lets go at high RPM, it's similar to a grenade going off. Needless to say this is a very dangerous situation which can be lethal. Install an aluminum flywheel to prevent this disaster from striking you. With the reduction in weight you will get increased horse power and a quicker revving motor. This is an expensive part, but it's good insurance. Cost: $125.00"
Scroll down to the middle of the page and you'll see his statement;
http://www.affordablegokarts.com/performance_basics.php
All the parts to build a race bike will cost you...