Hey Thumpy, not sure if I will be much help but will try.
From my limited knowledge... I think you will need to upgrade your springs If you go any bigger than standard with the cam, to help prevent valve float and more importantly binding of the springs... Depending on how much lift and "duration" the cam has, it may also be necessary to cut a relief in the piston for the intake valve and deepen the exhaust a fraction, or purchasing an aftermarket piston might be an easier option. Porting the head is not necessary, but it will help the motor breathe a lot easier and make better use of your new cam, so you would be crazy not to think about doing this mod also.
Mack has also pointed out that most of the exhausts coming out, or being run with these motors are extremely restrictive, and with a big bore pipe or custom (if ya can afford it) and just standard ports/cam, there is a lot of room for improvement over the old system... I know from my own experience that my hi-flowed H-Bomb has woken up my 119cc and made a lot better use of the porting etc. So you may also want to look at upgrading in the future if you are chasing more power.
Hopefully one of the Gurus can confirm this or point out any better options.
Cheers