Save your cash for all the crazy parts you are going to buy. I lifted mine several times, my wife and I can handle a 1.7 fully dressed, no problem. Leave the flywheel off as long as possible.
Don't waste your time trying to rebuild it without a stand. You will want to flip it back and forth, work on it at various angles and have it be secure when you wield a torque wrench.
The poorly written blah blah that follows is from a reply to a PP BBSer ages ago who asked me about my stand.
... I was planning to post instructions on how to build the stand on the PP BBS, but haven't yet found the time. The flaw in the design is that the flange on the engine stand is too wide where it meets the flange on the case, it interferes with the rearmost cylinder and with the tin. The solution in my case would be to simply cut a semi circle (say a 6" radius) out of that flange where the middle 'arm' meets the flange.
Here are instructions.
I had a local metal shop chop some off cuts into 2 squares, these (one for sure) should be no larger than the outside diameter of the bellhousing flange on the case. (I made mine too large.)
Have them cut a circle in the centre of each of the squares, just big enough to fit onto the case flange.
Scribe lines marking the the centrelines of each side.
Scribe lines on either side of one of those centrelines, spaced for the OD of the pipe that will fit your engine stand.
Cut the gap for the pipe, and radius all of the corners of the plate.
Centre the non-gapped half of that plate on an engine case half and mark and drill mounting the mounting holes.
Drill holes in the pipe for the locking pin and turning rod thing on your stand.
Weld the pipe in place. I built scrap wood fixtures to align and centre everything.
So, at this point you should have two square plates with rounded corners and big holes in the centre, one has a gap in one side, and the other has an identical gap with a stub of pipe welded into it like a lolipop.
The pipeless plate has the cut line scriped to make the middle 'leg', or two legs if you wish. Cut along the scribed line to free each leg.
The other plate has the cut lines scribed to 'fold' the plate in half.
Don't fold it, cut it. jig it to 90 degress and weld it. Then weld the third (fourth) legs in place.
You're done.
Dave