I never meant to be a cautionary tale, but I guess somebody has to make all the mistakes so everybody else can learn what not to do.
I was raised by thrifty people. Dad was a plumber who died last year with two farms and enough in investments for Mom to buy another. She lives pretty well on Social Security and drives a Hyundai. For a long time, the apple didn't fall very far from the tree.
I started out with a speedster I bought on ebay for $10,500, which was the extreme outside of what I wanted to pay. I kept it for a year, then had a JPS built, which was at the time, and remains to this day, the single most disappointing transaction of my life. It was during trying to make a silk purse out of my JPS sow's ear that I began to embrace the fact that in this hobby at least-- I might not always get what I paid for, but I would always pay for what I got.
I ordered an IM "coach" (a car less running gear) in 2005 because I thought I could do better than what Henry was offering regarding running gear. My first "value" 2110 was ridiculous, and it took $1000 and swallowing my pride to finally throw myself on the mercy of Art Thraen and get out of the AJ Sims "Super Kadrons" and into some decent Dellorto 40s.
That was many, many experiments ago, both with engines and transaxles. Who can forget the time I was rolling across the country with a 2332 (tuned to within an inch of explosion) which split a cylinder and vomited a quart of oil every 400 miles all over the western US? I was like my own silver and black reality show-- the Exxon Valdez of Brad Penn 20W50. There are places in Nevada that may never recover from my one-man Superfund Special.
... but that was three motors and 2 transaxles ago, and is water under the proverbial dam. I'm currently running a 2275, twin-plugged and dry-sumped, only slightly less complicated than the Lunar Landing Module, but nearly as expensive. Meanwhile, I watched the guys who had been spending "too much" up front just happily motoring from place to place, without a lot of drama.
If I were to ever get something tattooed on my chest, it would be "Buy Once, Cry Once". I'll need to tattoo it, because it's the only way I won't revert to my Midwestern farm-kid tendency to try to get 10 lbs in a 5 lb sack.
Don't be like Stupid-Stan. Just buy the good stuff first. It only hurts the one time.