I'd take it apart and check the internals. Tear the carb apart, take the crank, piston, sleeve and conrod out. Clean all with alchohol, clean main bearings, lube everything really well with light oil or ARO, then hope.
If there isn't to much rust build up on the crank and moving internals, it should be ok. But if rust is present, you can try cleaning it off, but be gentle and don't use grinding wheels. More like a wire wheel on a dremel at a slow speed.
I wouldn't run it without doing a thourough cleaning and inspection.
I had my OS 21 RG in a baggy for 6 months. Granted, I used ARO, but it started on the 2nd pull. I didn't do anything but take it out of the ziplock, install, start.