No, you can't bore a 110 cylinder out that much. A stock cylinder is 105cc. I bored mine .030 over because of deep scrathes on the cylinder walls and I only gained 3cc, so instead of 105 I have a 108...still not even a true 110.
I don't think the 125 cylinder and head will bolt up to the 110 bottom end either, but I think the 125 motor will bolt into the 110 frame. Like I said though, I'm not totally sure.
Justin ~hondaATCman~
'82 Honda ATC 110
'81 Honda ATC 250r (Summer Project)
'87 Suzuki LT 250r Quadracer - Very Modded...FAST!!
'03 Yamaha Big Bear 400 4x4
'85 Ford Bronco II 4x4 2.8 V6