Darren & List,
Adding electronics to the Listeroid will add complexity, and anything you do add must not interfere with manual operation.
At the end of the day, the beauty of the Lister is that you can start it by hand, and it doesn't need a battery or an engine management system to make it run.
Some areas for considering adding electronics might be:
Auto start, auto shutdown particularly when used with a battery and inverter system
Safety interlocks
Automatic speed regulation to maintain 60Hz
The bike computer is the simplest and cheapest way to ensure that you are running your engine at the right rpm. It also makes a good way of determining the hour of run-time.
From then on "the sky is the limit", but I would suggest that an overspeed shut down, and an overheat and low oil shutdown are the main priorities.
If we assume that the best way to shut down a Listeroid is to insert a "pin" under the exhaust valve lifter using a 12V solenoid, and then once the engine is stopped (simple time switch??) turn off the power to the solenoid, so as not to drain the battery.
I will give this topic some thought, and reply to the list when I believe i have some practical solutions.
Ken