and with an alarm of some sort. A timer would do fine.
good idea, or even a simple float-switch that would kill the engine when fuel got low (that way you wouldn't have to be home to tend it, it would just shut itself off before running completely out)
about 5 years ago I traded out my welder for one that would also generate ac power so I could power the house in an outage.
mine is a very simple set up. the welder/generator is in a shed in the back yard and I have a heavy duty 220v double-male cord running from the welder to the basement.
when the power goes out I just remove the main breaker from the box (it's very important when running a generator through your house wiring to isolate your house so you don't accidentally send power back through the line and have the utility guy working on a live line he thinks is dead.), unplug the dryer and plug the cord into the 220v dryer outlet. the 60 amp breaker for the dryer is now my main.
the coolest set up (I imagine it's very spendy though) I've seen was on tv, back when everyone was preparing for y2k with generators and food stockpiles.
it had a natural-gas powered generator, and was set up so that when the system detected a power failure it would automaticly start the generator and isolate your system from the main supply. meanwhile it would continue to monitor your power from the utility, and when power is restored it shuts the generator down.
all you would have to do is keep it maintained and it would do the rest.