all depends on how bad it seized up. personally i would pull it down and have the cylinder checked. if its a steel bore then you can bore it to the next size and put in new
piston
rings
pin
bearing
and be good to go for a long time
if its NIKASIL then you can
run a ball hone thru it and put in
piston
rings
pin
bearing
and be good to go again
if you scored the cylinder and its nikasil then its replacement time (unless your larryC on here)

if you scored the cylinder and its a STEEL sleeve then you will have to see if the bore job job will take the scratch/gouge etc. away
being its a 01 im betting on nikasil plated cylinder which is good for you
oh and ya need to figure out WHY it seized on ya
over heated
no oil
not ENOUGH oil
air/fuel mixture wrong at carb
air leak at carb
air leak at crank seals
etc...