Got a set of VM's bored to 33mm on a B12 motor. Good bottom end, run out of puff a bit flat out, mind. Otherwise a very good cheap alternative to pukka 36/38 mikki flatslides.
Yeah, rev limiter will work fine. If you're having issues, just pick up a tach signal from one of the coils, it'll work and not harm the Dyna. Ifyou're bothered, I'd try a substitute rev counter just to see if yours is iffy.
Also, from memory, bandit clutches are particularly weak... Isn't that why they have the steel bands around them? Im sure someone will correct me if im wrong.
Basically a substitution of the weaker diaphragm clutch assembly for a complete 1100 slabside unit. You need one of two other bits, a spacer and a ball bearing, iirc. There is an article on here about it in the tech section. I know there is, cos I re-read it the other day.
Take the black tops off and lift out the diaphragms. You'll see a small round hole with the brass choke plunger just visible through it. You want some light oil or similar in there, allow it to work its way around the plunger. That'll free them up.
So you've replaced the drivegear on the back of the clutch, is it appropriate number of teeth for the 1100 K motor? In which case, see Fatbloke's post.