Don't confuse frame rules with engine rules. Production, Modified Production and Special Construction are the frame classes. There are no vintage rules here. You stated Modified Production, Vintage Gas.
The engine should represent 1950's technology, so I'm sure that mikuni carbs won't work, extra cylinder head bolts won't work, The stock head would have to do. If you want to make a custom head, move to Class G and have at it. Although the rules don't say OEM heads for a two stroke, I doubt if a water-cooled head would cut it. If you want to stick with VG, then you have to put up with restrictions. I doubt if a reed valve modification would be allowed on a piston port. All of this is very visible on the outside. On the inside I doubt if you have any restrictions.
DKA printed the rules sections, then went on to site production (7.J.1) rules for the vintage modified class. There is no cross. Vintage is more like Class G, unlimited, with the vintage restrictions. It definitely is an open class. I would ask for official written clarification before I put out money for a titanium rod.