Hi guys,
I think I might have bought the car you are talking about here. It wasn't overpriced, it is an absolute gem. Even more so now that it's getting a second round of mods. It really is a "restorer's dream" as there's nothing that needs doing. Further mods are always best when working with a quality start point. And lets not forget, I bought this as my daily driver, and it cost less than an M3 beemer, with a much better depreciation curve. Kitcar or not, I can't fault the quality of the build, and actually felt a bit like I was stealing the previous owners baby. I could have bough one for 50K less, but I would have spent 45K and heaps of hours getting it up to scratch. Seems like easy maths to me.
My only disappointment is that I no longer have time to do silly ground up builds, so I had to take the easy way out and buy one already complete.
p.s. Al, if you still read this forum, car's going well (except I've killed a gearbox - being fixed as we speak). Got tunes, cruise, climate and launch control ready to go in it now. It's also weathertight (nearly) for that long, Melbourne winter. I killed the box hooning. Never mind. The RF boys are hooking me up with a repair, because I want it back yesterday, which means I figured I better not even start the job myself.