To another Virginian,
Whereabouts in VA are you?
Jeff is generally a purist about keeping things stock, which is great. However, I think there's a decent consensus that you can meet your stated requirements with the 2056, as others have stated, while still maintaining good reliability and driveability with stock FI components. Do a search on here for 2056 builds. In short, a 2056 is:
1. 96mm pistons and cylinders. These fit in the case with no machining.
2. Stock 71mm crank
3. Cam, and your basic options are:
a. stock cam, but that generally won't get you to 110 hp, depending on other specs like compression ratio
b. FI compatible cam, like a Type4 Store 9950 or Webcam 73 (I believe), which should get you in that hp range and still give good reliability and driveability with generally stock D-Jet (MPS needs to be tuned)
c. Carb-compatible cam. Lots of options, and depending on how aggressive you want to go you can easily meet hp requirements, perhaps at expense of some driveability / idle stability.
2056 is what I have, and lots of others here as well. If you want to deviate from stock and go that route, build it yourself or contact one of the good builders here, like McMark (as Rob suggested).
I'm pretty happy with it