One of the drawbacks of having a cageless bearing on the big end of the connecting rod is that as the bearing rotates around the rod journal pin and the rollers are in contact with one another and the surfaces that are touching each other are moving in opposite directions and this creates more friction and drag unlike if the rod bearing is caged, try rubbing two cylindrical objects that are the same size as on another together on a surface and have them touch one another as they are rolled and one can see this happen, plus caged bearing rollers tend to roll true without cocking slightly over surfaces, the wrist pin bearings are subjected to oscillating movements not rotating so a cageless bearing works in that location without inducing a lot of friction, I have tried ceramic coated pistons before in a snowmobile that I used to have, it was a Arctic Cat ZRT 800 which was a three cylinder two stroke and for the money that I spent for the pistons I would have been better off spending my money some where else as I did not notice any benefit in performance or durability over quite a few seasons of use, I have always been a stickler with jetting and adjusting air fuel ratios according to current conditions that an engine is subjected to and reading spark plugs and looking at piston wash in order to get the maximum performance and life out of any two stroke that I have owned that was either a race machine or a play machine and feeding all of them top quality oil and so on. There are no new connecting rods available for this engine and I have never came across a dual slotted rod for a 277 Rotax but then again I have not seen everything.
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All I can tell you is some Boat motors use Cageless Bearings on the bottom big end, and I know Rotax Rick who builds on average about 150 Rotax engines a year, has been experimenting with them on his Skidoo/Rotax 670(92hp) Conversions for Airplanes with good results. True Top Bearing rock back an forth, bottom bearings spin. It's the thin Steel Cages that Fail, not the Bearing Rollers. On Cageless Bearings they can't cock sideways, each roller keeps them in place with a little clearance. The engine companies have tried Bigger Caged Bearings 26mm crank pins to 27mm crank pins, which just increase the rotational speed of the bearing.
Ceramic Coating, and other Coatings are for durability, and reducing Heat, but they do allow you to run the engine a little harder before you melt it down in Racing applications where the engines are pushed to their limits. You can do most of it today at home with a Free Electric House Stove off Cragslist. Techline Coatings and others sell the products. Most Coatings only need to bake at 300-350 degree's, only Ceramic needs, I think 750 degree's. Most self clean electric stoves can be adapted to do that. If you do all the different Coatings your engine can run 20% Cooler. Heat affects all your parts, Seals, Oils, etc. to do there job. Some Coatings reduce Friction, like on Gears.
Bullet Proofing a 503
http://www.challengers101.com/Bulletproofing503.html
Ceramic Crank Bearings run Cooler, and need less Oil, than Steel Conventional Crank Bearings.
I haven't found anyone either who makes a New Double Slotted rods for 277's. But you can adapt another Rod & Piston. 277(120mm), 503(120mm), 521(125mm), use the same 72mm Piston. They almost all used a 24mm Crank Pin back then. 2003+ 380F, and 550F, both use the same 120mm Rod, which is 2mm wider than a 277/377/503 Rod, which the 2003+ 380/550 Rod uses a Bigger Top Bearing than the 277/377/503 18mmx22mmx22mm used. So you can ream a 18mm 277 72mm piston for the Bigger 380/550 20mm piston pin, ad recut cir clip slot deeper. Use the 550(76mm) Piston and 550 Rod to make a 277 Big Bore.
(76mm x 66mm) 299.5cc
Just My 2 Cents
Rich