A little prologue first...
Early in my 500 experience, I was going to do the Gen1 conversion being that it was the most straightforward. So I bought a 98 gen1 roller last year. During this time, I rode my 92 steely 500 and my son rode a YZ80, then to the old 87 CR125. When the 125 gave out (after 3 months of riding it), I had him try my 01 CR250 - well he took right to it. Since the 01 has re valved suspension and slightly better handling characteristics, I decided that I was going to assemble the 98 gen1 roller and swap the 01 Gen2 engine into it - using the gen2 as my starting point for a 500 candidate. Well as he crashed pretty bad and hurt himself last week, I took the opportunity to get started. Still need a few small items to make the 98 Gen1 250 complete: headstays, fix radiator, and rear brakes.
So, that phase I is nearing completion, here is the result:
98 CR250 with 01 Engine, etc...

01 Gen2 Roller

Now to tear down the 92 CR500 and prep for this weekend!