Obviously, attempting to gain performance by porting would require a lot of dyno work. Porting the crankcase at the carb attachment is possible as is changing the timing of the rotary valve, but the intake tract in the head might be the limiting factor. You could do something at the base, but getting to the ports where they enter the cylinder would be tough. Also, there would a lot of trial and error involved, with a lot of scrap generated by failed iterations.
Concerning the effect of exhaust port raising on compression, consider this point, if the exhaust port is raised higher and higher, a point is reached where the compression will go down, then in the limit, approach zero when raised to the top of the head.
So many factors, so little time and money.....probably why it all hasn't been done before.