The shaft to a ducted fan unit would be a good choice. Especially if you started with a larger fan unit (say a 45 size for a 21 size engine) and installed a variable shutter to block part of the entrance to the fan. Then by blocking the inlet by different amounts you could adjust the fan to maintain different loads on the engine.
Try blocking part of the inlet to a centrifugal or blower type fan and you will see what I am talking about. The more area that is blocked, the less air that is drawn in and the lower the load.
This would make a KISS dyno or breakin stand.
Charles
Several had questions as to how this could be used for a dyno.
To expand a little on using the ducted fan setup as a dyno, a torque sensor placed between the engine and the load will give the torque reading. Using cheap a tachometer gives the engine speed (RPM). The torque readings and RPM are all that is needed to calculate the engine power.
Miniature torque sensors rated as low a 5 inch ounces and as much as 1000 inch ounces are available. They convert the torque readings to an electrical signal. They are widely used in automated equipment.