Odd that a Honda blew a hole in the side. What caused the catastrophic failure? Over-revving? Bad rod? Dumb luck?
Generally, any decent engine from Kaw, Koehler, B&S, Honda can be used as long as you use the right crankshaft configuration.
Most all the engine brands have a slightly differnt wire harness set up, so when you view the Scag manuals, they each will have unique adaptors for the connector. But rest assured, they all achieve the same task. You can use the Scag manual to even make up your own jumper harness from one brand to another! My point is that if you select something other than an exact replacment, it will not be a simple "plug and play" situation. However, it's not really that hard to get into alternative brands AS LONG AS YOU KNOW HOW TO READ AND WIRE BASIC ELECTRONICS. If you don't, then find someone who can.
Here's a great place to get new engines for cheap. They get most of their stuff from production over-runs or close-outs.
Home - Small Engine Warehouse
Just put in the criteria you want and narrow it down
For example, put in:
gas engine
vertical shaft
1" shaft
2 cylinder
HP desired
etc, etc
Again - make sure to use the criteria from your engine (shaft size, etc) so that the new engine will match up to the PTO clutch; shaft size is probably the most critical to match up as most other stuff can be modified to accomodate. Even if the chassis holes are not lined up (which would be rare as most are universally used) it's easy to drill some new mounting holes. Make sure to pick one that has a charging system adequate for your electric PTO, if applicable. Some engines only have smaller stators for battery charging and lights; these will often be seen as "5/3" or similar. But high amp draw apliances like the PTO would need 10 or more like 15 amps available. If you have questions, you can call or email their tech line for help selecting a motor.
Also, in your selection pay close attention to the muffler topic; some come with one, some don't. That would also make a difference between your Honda and some other brand.
While you had 24HP, I'm not convinced you could not get away with a bit less; that would open up options for you as well. Only you can determine how much HP you need; are you mowing at home or commercial; how many hours a day or week; how much heavy wet grass, how many hills, etc, etc
I have used them before and been pleased. However they are not the only game in town, and other sources offer similar choices, so it pays to shop around. Jackssmallengines would be another such source. And there are others ...
Bottom line is that you can repower your rig for less than a $grand if you're not too picky, and able to do some of your own work (or find a buddy that will work for beer/pizza!).
That should get you headed in the right direction.