That poor little XR... yes it still has parts of the harness... It doesn't even have a kill switch lol. This old retired guy bought the XR to resell because he's bored, but he wasn't that much of a mechanic. I'm pretty certain the CT engine was in it when he bought it, which was smoking badly so he installed a TB 88cc kit prior to selling. He barely broke even on it.
Since I have a matching frame, my thoughts are to go with what appears to be a mostly stock HKO setup, just running 12V with a race head/cam and 88cc kit.
Is the 6V harness different than the 12V harness?
Again, if I make comments out of ambiguity or due to lack of clarity please call me out on it and instruct me. I want this to be a well thought-out project.
My general approach to engine rebuilding is: if it's running well, has decent compression, maybe stab-in a hotter cam but leave well enough alone. At the other end of the spectrum, if the piston needs to come out of the bore the cases should be split...to allow complete inspection of the lower end. Intact, healthy, shift forks in used engines are the exception, not the norm. If the rod is worn, the cases must be split. At that point, shift forks are dead-easy to replace...and crank replacement becomes an easy option, as well. H-model cranks can be had from dratv and on the cheap. If you want a lot more power, a tbparts stroker crank costs less than a replacement stock 3-speed crank, or rebuilding one.
I like the 12v head, because of the ball bearing cams used and the bigger selection of cam profiles. That said, the old 6V CT70head is a pretty decent casting, with large valves. A little port cleanup on the exhaust side and one of the few hotter cams available will make good power, comparable to what can be done with a 12v head.
With a 52mm bore, stock stroke and a more aggressive bumpstick, you should be able to get 50-55mph out of an SL, or XL, 70. Those taller tires roll with less resistance.
It boils down to your goals and, of course, budget. The more miles you want from the machine, the more it pays to be thorough from the get-go.
The wiring isn't as complicated as you may think. You could adapt a CT70H wire harness. Not sure how it would fit. I expect that some leads would be too long, others not long enough. It's possible to fab a custom wire harness, from scratch, if you know how to read a schematic. It's not the complexity of the project, it's the sheer awkwardness...sourcing spools of wire with the desired color-coding is a logistical pain in arse, for a single project. The actual work...soldering, installing the proper connectors, wrapping, routing, is fairly easy...but painstaking, more of a test of one's patience than electrical expertise. I'm not suggesting any particular course of action here...only outlining some options. The point being that both the engine and wiring can be sorted, with no overwhelming difficulties...even under a worst-case scenario.