mahle 3 ring piston convert to reed?

After a few years of various kits, I've decided to go back to basics and run a iron barrel.Nothing fancy stage 4 Indian barrel,porcupine head,delly 30,Ron Moss exhaust ,Indian webs and a jap conrod .The piston I'm using is a 3 ring Mahle with the bottom ring left off.I'm quite pleased with how it runs and at £35 a piston seems to be good fun ,having before now spending £120 on a piston .I am wondering though to improve the fuel consumption,about fitting a reed valve ( either the mb shorty or the scootrs type).So to my question , is the Mahle piston up to the job of being cut to suit a reed? Is anyone else running a similiar set up with a reed.I know I could get it rebored and get a piston to suit,but to be honest I don't want the ball ache of running in again,my present bore size is 66.2.Appreciate any help/feedback