It should pretty much drop in. You may need to use the head steady for the twin (they had a significantly beefier head steady, I think), but I'm pretty sure the base frame itself is pretty similar between the Bullets (350cc or 500cc single), 500 Twins, and Meteors (700cc twin) of 1956. I think some of the later twins also had a big alloy casting that bolted to the gearbox and the frame to make the whole affair more solid, and I gather that's a pretty desirable (albeit hard-to-find) part for those frames.