... No need for a swap unless your engine is broken. The old engine you have on there may just need a tank/fuel line/carb clean, oil change, new pull cord and that would cost you about $10-$20 max to do. Then you would still have lights. The predator doesn't have a charge coil like the old engine does, and produces only a little more power. (196cc vs 212cc)... Also, the old gas tank has the cap to one side, so you can fill up easier. If I remember correctly, the predators tank cap is centered which would be a pain to fill up. Also, the predators exhaust would just blow onto the fender and muffler would be unprotected vs the old engine that exhausts it back further and has an additional heat shield. Get where I'm going?
Also, to make things even more clear for you previous mounting question... You just unbolt the existing motor and Jackshaft/plate and it will bolt right on to the new Predator engine/mini bike I believe as those types of small engines have a universal mounting pattern.