Hey, if the crank spins well (no rough bearings) good for you! Otherwise, get yourself a good LTD crank (very similiar and it will work). There has been some arguement in the past on outer seal replacement... some say to put a light coating of grease on the inner lip (claiming a dry install my hurt the seal) and others say put it on dry. I don't use anything... your choice. Do not put oil in the case! DO lubricate the "crank bearings" w/2 stroke oil before assembling top half (including upper con rod bearings).
As far as the case itself, I use a gasket shellac to seal up the case (looks like brown molasses). Apply light on both case halves. This was recomended by more than afew engine builders. You want the case to seal well, but you don't want to use anything permanent (like JB Weld, ect.) The idea is that if you need to open up the case again for any reason whatsoever, you don't want to beat it to death trying to get it apart.
Upper end rebuild... unless you have spare cylinders/heads don't do any porting! If you feel brave you can remove some of the rough casting intake/exhaust ports and sharpen the intake "bridge", but I wouldn't take out too much material (messes w/port timing) IMO.
Make sure everything is super clean, double check your piston circlips (make sure they "snapped" in the grooves completely, make sure piston arrow points to exhaust side, rings are in correct position w/no burrs... and on and on.
There are alot of little things in two stroke engine building... but those little things turn big after you pull the pull cord. Double check yourself! Good luck.