They primarily cool the bridge to stop it expanding (particularly when warming the engine up from cold), If the bridge heats up too fast, it expands into the cylinder, and can actually seize an engine (termed a "cold seize") as the heat cannot travel from a thin piece of aluminium (or in the case of a RG150, steel liner, which is actually more prone to cold seizures than an all aluminium cylinder) to the rest of the cylinder fast enough, and it simply expands.
There are other methods of achieving a similar result, the most common is to drill two 2mm holes on the exhaust side of the piston skirt that line up with the bridge.... the air/oil/fuel mix under the piston will travel through these small holes, and assist in keeping the bridge cooler, you can also relieve the bridge back slightly (particularly if it is a cast iron liner), as, afterall, the bridge is only there to stop the ring protruding into the exhaust port (if the exhaust port width is wider than 72% of the bore that is), and it is quite acceptable for it to be a few thou away from the piston skirt to allow for expansion....the practice of thinning the bride out to increase port area is normally the biggest cause of this type of problem.
In a water cooled performance two stroke, cooling the bridge is not a silly idea. Particularly if you widen the exhaust port alot,(or even if th efactory has them quite wide) which increases localised heating of the exhaust side of the piston crown (as well as the bridge).
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