Mr. Doom, very nice work. I take it that the engine in the first shot, entangled with the blue and yellow hose, is the same one that looks brand new in the second photo? If that is the case please share with us what you did to address all of the corrosion. The engine in my bike is not nearly as bad as yours was but I want to restore it to look like yours and your experience would help.
I used the best of three engines for each part - but they were all in a similar state.
Start by washing in degreaser, then hot soapy water with a stiff nylon brush.
The sand with wet 180 grit paper till there are no signs of corrosion. Then rinse with warm water and do the same with 240 taking care to sand out all of the scratches made with the 180, repeat with 400, 800, 1500
Finish with Autosol Aluminium polish. You can get to a mirror finish using rouge and a buffing wheels, but that makes it way too shiny.
The rough cast parts, I just used degreaser and a brass brush, followed by aluminium polish.
There are plenty of tutorials on Youtube. It takes a long time. Up to a couple of hours per part.
It won't stay nice for long if it gets rained on without some protection. You can clear coat, or use a protectant like sharkskin, or just be prepared to clean it after it gets rain on it. I don't ride in the rain so not a big deal for me.