I'm building a HF clone 6.5, so far I have a billet flywheel, billet rod, gx160 flat top piston, ported and polished milled head .080, stainless valves, 26lb springs, chromolly pushrods, Honda guide plate, alum retainers, locks, 285 lift, 250 duration cam, I'll be trying out a 26mm carb on it.... With all this the engine should be putting out around 15hp..
The clones can be built to be very strong runners, just depends on how much you want to spend and how much power you want..
A stock 6.5 with a good carb and exhaust, loose the govenor and you can boost it to 8hp easy... If using the stock carb you can do some mods to it like a gx140 imulsion tube, adjustable jet, bore it out.... personally I'd go with a Mikuni or Keihin carb, no linkage to screw with and they are more adjustable and easy to work on...
Most any 3/4" clutch will work...