personally i think the honda gas engines are currently the rolls royce of gas engines.
they seem to last forever, easy to start and dont require much maintenance.
i have a gx160 , 5.5 hp on a compressor that i have abused for the better part of 15 years, starts first pull
every time, has had one oil change, and an air cleaner when it plugged. ya i know,,,, bad boy bob!
i guess the barbers kid has the longest hair.
as for direct drive, you will suffer some significant hp decrease, i would expect not much over 7 hp at 1800 rpm, making the st5 head an armload for the engine.
perhaps you should consider a microgroove pulley drive, and run it up closer to 2500 rpm, probably get closer to 10 hp at that speed and run a st5 pretty well. or go full rpm 3000 or better to run the st 7.5
be a little noisey at full throttle, but it will handle the load much better in my opinion
bob g