I know someone here put a 2 stroke in a 200x. Trying to remember who. A fello Canadian I believe. It was not a Honda motor tho. I agree with your idea. I had a 83-85 200x but love the look of the 86-87. That would be the one to put it in. Most people talk about the frame not being strong enough or the suspension to handle a 250r motor. I believe after some frame mods for fitment, then added gussets it would be perfect for the 125. The suspension can be worked on after you try it.
i'd so go for it. Someone will chime in with the member who put a 2 stroke in one. I was thinking and almost bought a cr60 and or cr80 for the bike I got off you. I have a motor now from Ceaserthethird so I might not do it but have been thinking really hard about it.
Cheers
1986 ATC 250r
1985 ATC 250r
1985 X2 ATC 70's
1985 XL 80
If you have bought or sold with me please leave feedback.