Side track science- Absolutely zero critiquing of the engine-
Those 4-40 rod bolts caught my eye, but I though about it a minute- Depending on the grade, the tensile strength on those is gonna be four, five, six hundred pounds each. (I don't have that chart at home, but it's around that...) Times 75 percent to keep it out of yield, and times four since that's how the load is divided... so 300 to 450 pounds each, 1200 to 1800 pounds without violating the preload (if they're torqued)... I bet they're fine. If not, a stud and bolt conversion (like "real" connecting rods tend to have) would solve the problem.
Armchair science attack over- Opinion-
AN engine with as much symmetry as that one is going to have, materials or no materials, I think that one oughtta have two flywheels.
Split taper retainers in aluminum? Dang, that sounds chancey. Oh well, if that can be done at all, I guess it's in good hands. all shined up, that'll give a good look to that engine. It's funny that the littlest details can add so much to something like this.