Air-oil cooled R11's or R12's are probably a better bet. The oil cooler can be thermostatically controlled, and potentially controlled with flaps. Also, carbureted and can be set up with dual plugs and (potentially) magnetos. Don't want engine failure from electrical failure. That way you can duplicate critical parts.
Counter Balancer adds some weight too.
BMW bike engines are good for this, they have a high duty rating, and separate engine/transmission.
You will need to consider the thrust loading on the output shaft. If you are doing a reduction drive (which I would assume you are) that will take care of it.