The earlier mention of 62 hp as being sufficient to win the Classic TT rather interests me, and prompts me to ask whether that would be power measured at the rear wheel or the crankshaft.
Power measured at the rear wheel is generally understood to be optimistic, not so much intended as a realistic measure of power but as a selling tool, unscrupulously manipulated by many shops as 'proof' of their tuning competence.
Of all the top single cylinder contenders in the UK Classic Racing scene, I know of only one machine that has recorded 60 rwhp, this being a two valve 500cc Summerfield Manx Norton, owned and tuned by Ted Woof. This machine has recorded in 2017 the first ever 110 mph lap of the Isle of Man TT circuit
Despite what numbers have been bandied about that would suggest that 70 hp is being reached, these rumours are just that - rumours. The only engines making that kind of power are the multi cylinder machines, MV, Paton, Honda and the like.
A single cylinder 2 valve pushrod engine in Classic Racing will be making excellent power for it's type if it can get into the 50 rwhp bracket, and if PEI's assessment of a 10% difference between crankshaft and rear wheel power is used as a guide, this indicates crankshaft power of 55 bhp or better.
The only worthwhile means of accurately measuring engine power is via an engine dynamometer, but these days in the UK, would appear to be few and far between.