I think SCD knows a bit about using it. I've read about people using in other 2 strokes with good results. My personal dealings with it as a performance application have been in boosted FI engines with quality engine management systems.
i'v looked into it, it is possible, i forget the name of the company but there is a place that has a e85 banshee that kicks ass, it is just a hard expensive thing, the first problem is the jetting because it burns similar to alchohol it will need a huge jet (like drilling one out big hah) from what i heard it isn't good on rubber gas lines or intake boots either, takes alot of knowledge and to me a little too much time over just running something on race gas