D_Mold,
I've been in your shoes, trying to get out on the road to feel the engines power, dispite not having a transmission

Problem is, the transmission/clutch makes or breaks the performance of the engine. The two major problems with 3,600 rpm limited diesel engines is there is not a good transmission available that can be used to get the power to the rear wheel and the second is finding a good clutch.While some may argue that there are 5/6 speed tranny's available (for Harley applications), you will not see many of those used on home made bikes ($$$). Comet trann'ys are the most available, and it's what a lot of us use. Problem is the belt being used as a clutch wear material, which it is not best solution, nor it the very expensive drive units aluminum "cones" being the mating surface for the belt. Both rubber (and its variations) along with aluminum make for crappy clutch components. While the Comet is a very good system (when it is used as designed), it is a not good for quick off the line starts and does not hold up well to lots of road dirt. Both rubber and aluminum melt at low temps, so one has to keep from burning the rubber belt when taking off from a dead start. While there can be a good amount of friction between them, add some water, and that goes out the window.
I did a simular belt drive experiment using a B&S 8hp gas engine sittng inside the crotch of a moped. I had an idler pully simular to yours rigged where the belt drove a shaft down where the pedels used to be and then a common chain and sprocket drive to the rear wheel. I tried centrifical clutches, first..... (they suck) and then used the belt on aluminum pulleys that didn't suck quite as bad. The belt lasted as long as yours did
So, that brings us back the the original problem: transmission/clutch. Clutch can be solved with a nice dry motorcycle after market unit, but finding a cheap multi speed tranny isn't going to happen.
I'd suggest you go with a Comet when you can afford one. Get a 500 model and gear your bike to run around 50/55 mph. You'll get good life out of your Comet and not stress your engine and drive train!
Cris
1980 GS850 converted to 10hp diesel clone power.
2006 Jetta TDI for road work.
2007 Bonneville