Hi,
The grinding noise sounds exactly like a worn fibre idler in the drive to the generator. If you have a selection of gears, fit the one that gives the least amount of backlash between crank and generator. If you can track down a new gear, even better.
Stripping the crank to replace big ends and centre ain bearing needs a press to split and some care in reassembling an aligning. Not a job I've ever tackled but it is standard practice ion rebuilding two-stroke cranks, so there should be no shortage of specialists
pout there to help. Try asking around at your local bike dealers.
Graham Weeks