The popsicle splints are stacked between the fins as a mold and removed when some type of simple filler has set. Its a quick-fix w/o major surgery. An engine removal and sending out for rebuild usually (like everything else) takes twice as long and costs twice as much, and can open up the proverbial can o' worms of things that make sense, ie: might as well zinc-plate ALL the nuts and bolts, so take the whole bike apart (and zinc the rear brake stay and adjusting rod, seat latch, sprockets, rear pegs, carb parts like choke lever, large idle screws, etc. Hmmm, frame could use re-painting (90% gloss, and believe-it-or-not, gloss black rattle-can KRYLON dries about 90% gloss), spokes can be re-laced, so chrome the rims etc. Sometimes instant gratification (aka hack) makes sense.
Of course, an engine rebuild means you can restore the bike concours correctly and that bike is worth doing as any bike ever made. But don't over-restore it. And thats a trick in itself ; )