Geeting here maybe late to add my one-cent worth to Marsheng's sleeve topic, but here's another possible (??) option: In outboard racing, with a lake full of cool water rammed into, through, and out, iron-sleeved engines have worked fine, with sufficient heat transfer. Konig's engines, which came with cast-in iron sleeves (of varied quality, and often replaced with home-made sleeves) had a feature you could think about. The upper maybe 35mm of the sleeve was directly exposed to water. This part had a somewhat larger outside diameter than the rest of the sleeve, acting as a flange against the aluminum block casting, a few mm above the top of the exhaust port. Try this link for a photo of a similar sleeve: https://www.google.com/search?q=koni...xIa1M:&spf=212
Now, the upper part of that outboard motor sleeve, directly exposed to water, is smooth. For a motorcycle that has to carry its own supply of much warmer water, how about making your iron sleeve with that upper section of a much larger O.D. so that you could then take something like a narrow parting tool and turn a series of cooling fins, for water rather than air, into that section? Would that greatly increased area of exposure to coolant answer the problem of heat transfer, while leaving you with what you might see as the advantages of a (properly-fit) pressed or heat-shrunk iron sleeve? Many existing cylinders could not be altered to take this sleeve configuration, but some could.
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