RE: nitro conversion to gasoline
Think about how much more complex the little nitro engine would be if it was converted to run on gasoline. Right now, your nitro engine runs without an ignition system. The ignition system would add some kind of pick up on the crankshaft, more than likely a CDI type ignition system, and not to mention weight.
The beauty of the nitro engine is its simplicity. This question always seems to show up every now and then.